Sash

In real estate and building construction, a sash is the frame that holds one or more panes of glass in a window. Sashes are typically made of wood, metal, or other durable materials. The sash fits within the window frame and may be fixed or operable, allowing the...

Salvage Value

In real estate appraisal and taxation, salvage value refers to the estimated fair market value of a property or improvement at the end of its useful life. It represents the amount that is reasonably anticipated to be recoverable when the property is no longer...

Sales Contract

In real estate transactions, a sales contract is an agreement in which a buyer and a seller mutually agree to the terms and conditions of a property sale. It sets forth the rights and obligations of each party. The sales contract typically includes the purchase price,...

Sale-Leaseback

In real estate finance, a sale leaseback is a transaction in which a property is sold and, as part of the same agreement, the buyer leases the property back to the seller. The seller becomes a tenant while the buyer becomes the landlord. Sale leaseback arrangements...

Riparian Rights

In real estate and water law, riparian rights are the rights of a landowner whose property borders a river, stream, or other watercourse to make reasonable use of the water. These rights arise from ownership of land adjoining the water. Riparian rights allow the owner...