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...

Right, Title and Interest

In real estate law, the phrase right, title, and interest is used in deeds to indicate that the grantor is conveying whatever ownership rights or claims the grantor holds in the property. It does not specify the quality or extent of the interest being transferred....

Right of Way

In real estate law, a right of way is a type of easement that grants the right to pass over another person’s land or to use it for specific access or utility purposes. It allows one party to use the land of another without owning it. A right of way may be created by...

Right of Survivorship

In real estate law, the right of survivorship is the right of a surviving owner to acquire the interest of a deceased co owner in property. Upon the death of one owner, the surviving owner or owners automatically succeed to the deceased person’s share. This right is...