by Ethan Atkinson | Jul 2, 2026 | K-O, PropertyPedia
A Kick-Out Clause is a provision in a real estate purchase contract that allows a seller to continue marketing a property even after accepting a contingent offer. It is most commonly used when the buyer’s purchase depends on selling their current home. If the...
by Ethan Atkinson | Jul 2, 2026 | A-E, PropertyPedia
Corporeal Hereditaments are inheritable interests in real property that have a physical, tangible existence. The term comes from traditional English common law and refers to land and anything permanently attached to it that can be owned, occupied, transferred, and...
by Ethan Atkinson | Jul 2, 2026 | A-E, PropertyPedia
Ancient Mortgages are old mortgage loans that have remained on the public record long after they were likely paid off or otherwise satisfied, often because no formal release or satisfaction was ever recorded. These mortgages may date back several decades, and in some...
by Ethan Atkinson | Jul 1, 2026 | P-T, PropertyPedia
Profit à Prendre is a legal right that allows one person to enter another person’s land and remove part of the land or its natural resources. Unlike an easement, which grants only the right to use another’s property, a profit à prendre permits the holder...
by Ethan Atkinson | Jul 1, 2026 | F-J, PropertyPedia
Fractional or Severed Wind Rights refer to the ownership or control of the right to develop, lease, or receive income from the wind resources over a parcel of land when those rights have been divided from the ownership of the surface estate. In some areas,...
