An advocate, counsel, or official agent employed in preparing, managing, and trying cases in court. Must be licensed by the state.

One who is appointed to act (as agent) for another (principal) under a power of attorney. The scope of the agent’s authority is limited to that given by the power of attorney, which may be limited to one specific act or may be broader. See also: Power of Attorney.

A statement placed in an abstract of title giving the opinion of the condition of title by an attorney who has examined the abstract. The attorney may be personally liable for mistakes he or she has made. Most abstract examination has modernly been replaced by title insurance.

See: Letter of Attornment.

Anything on a property which may attract small children and is dangerous to them. Reasonable care must be used to prevent injury to children.

A public sale of land or goods to the highest bidder.

A clause in a document such as a lease or listing agreement stating that the terms are extended beyond the expiration date unless cancelled by one of the parties. The clause is usually required to be in large or bold type and, with regard to listings, is not enforceable in some states.

A lender that may process a loan or assumption without submitting the credit package to the insurer or guarantor for underwriting review. Limited to lenders that are regulated and examined by a government agency unless specifically approved by the insurer or guarantor.

A paved shoulder of a highway, usually designed for emergency stopping.

Originally, a broad passageway bordered by trees. Now synonymous with street or road, and of no special significance.

The sum of the daily balances in a bank account over a monthly period divided by the number of days in a month.

The average daily balance (see which) less the float (uncollected funds).

The number of vehicles passing a given point in one day. Usually obtained by finding the number for several days and averaging.

An easement over private property abutting an airport runway, which limits the height of crops, trees, structures, etc., in the aircraft’s take off and landing path.

A sudden and substantial tearing away of land by water and the deposit of said land as an addition to the land of another owner. The original boundaries apply and ownership of the land in questions remains in the original owner.

In condemnation, the amount paid for the property taken.

Canvas, metal or other material, which protrudes out over a window or doorway to provide protection from the sun, rain, etc.

A window which, being hinged at the top, forms an awning when open.

Distance in degrees from North to an object, or, in the Southern hemisphere, from South to an object. A surveying term.

Soil which does not contain distinct horizons (layers).

The horizon (layer of soil) beneath the top layer. The composition of the B horizon is changed by the action of percolating water.