by Ethan Atkinson | Feb 13, 2026 | P-T, PropertyPedia
In real estate law, tenancy for years is a leasehold estate that exists for a definite and specified period of time. The duration may be for any length, such as months or years, as long as the beginning and ending dates are clearly established. A tenancy for years...
by Ethan Atkinson | Feb 13, 2026 | P-T, PropertyPedia
In real estate law, tenancy by the entirety is a form of joint ownership available only to married spouses. Under this arrangement, each spouse is considered to own the entire property rather than a divisible share. Tenancy by the entirety includes a right of...
by Ethan Atkinson | Feb 13, 2026 | P-T, PropertyPedia
In real estate law, a tax sale is the sale of property by a governmental authority due to the owner’s failure to pay property taxes. The sale is conducted to recover the delinquent taxes, interest, and related costs. At a tax sale, the property may be sold to a...
by Ethan Atkinson | Feb 13, 2026 | P-T, PropertyPedia
In real estate taxation, a tax roll is the official record maintained by a local taxing authority that lists all taxable property within a jurisdiction. It includes descriptions of each parcel, the name of the owner, the assessed value, and the amount of taxes due....
by Ethan Atkinson | Feb 13, 2026 | P-T, PropertyPedia
In real estate taxation, the tax rate is the amount of tax levied in relation to the assessed value of property. Traditionally, it has been expressed as a specified number of dollars per one hundred or one thousand dollars of valuation. In modern usage, it is often...
by Ethan Atkinson | Feb 13, 2026 | P-T, PropertyPedia
In real estate law, a tax lien is a lien imposed for the nonpayment of taxes. A property tax lien attaches only to the specific property on which the taxes are delinquent and may ultimately lead to a tax sale if unpaid. A federal income tax lien, by contrast, attaches...
