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,...
by Ethan Atkinson | Jul 1, 2026 | A-E, PropertyPedia
Chose in Action is a legal term describing a personal property right that cannot be possessed physically but can be enforced through legal action. Instead of representing ownership of a tangible object, a chose in action gives its holder the right to collect a debt,...
by Ethan Atkinson | Jul 1, 2026 | P-T, PropertyPedia
Severed Executive Rights refer to the separation of the executive rights associated with mineral ownership from the ownership of the minerals themselves. Executive rights are the authority to negotiate and sign oil, gas, or mineral leases, including the ability to...
by Ethan Atkinson | Jul 1, 2026 | P-T, PropertyPedia
Stranger to the Deed is a person who is not named as a grantor or grantee in a deed but is nevertheless referred to in the document. Under the traditional common law rule, a deed generally cannot create or transfer a property interest to a person who is a stranger to...
