Short Term Lease

In real estate, a short term lease is a general classification for a lease agreement with a relatively brief duration. In some states, this term refers to leases of less than five years, while in others it may apply to leases of less than ten years. Short term leases...

Short Term Capital Gain

In real estate and tax law, a short term capital gain is the profit realized from the sale of a capital asset that was not held for the minimum period required to qualify as a long term capital gain. The holding period is defined by tax law and may vary depending on...

Sheriff’s Deed

In real estate law, a sheriff’s deed is a deed issued to the purchaser at a sheriff’s sale following the foreclosure of a mortgage. The delivery of the sheriff’s deed typically marks the beginning of a statutory redemption period, if one is provided by law. A...

Shared Appreciation

In real estate finance, shared appreciation refers to an arrangement in which someone other than the buyer participates in the equity growth of a property. Under this type of agreement, the parties share certain expenses and also share in any increase in the...

Severalty

In real estate law, severalty refers to an estate or ownership interest in property held by one person alone. It denotes sole ownership, without any co owners or shared interests. Remember that it is misleading that severalty has the word “several” in it,...