SEPTIC TANK
An underground tank into which a sanitary sewer drains from a building. The sewage is held until bacterial action changes the solids into liquids or gases, which are then released into the ground.
An underground tank into which a sanitary sewer drains from a building. The sewage is held until bacterial action changes the solids into liquids or gases, which are then released into the ground.
The taking custody of one’s property (real or personal) to force compliance with a court order.
Notice given to one by delivery of a writ, subpoena, injunction, etc., by one duly authorized, giving notice to the person served of some court action or other proceeding with which he or she is involved (as defendant, witness, etc.
An industry which sells the knowledge or work of its people, rather than a tangible product. Example: A real estate broker is paid for his service. The product (property) does not belong to the broker.
The gas or water line which runs from the main line (usually at the street) to each property to be served.
A road running alongside a limited access highway, for use by abutting owners, and as a transition road from the highway to local streets. Also called a frontage road.
A place where gasoline and other automobile products and services are sold. A gas station.
See: Mortgage Servicing.
The person or entity that collects payments and performs other functions for the holder of a loan.
An estate burdened with a servitude. Most commonly a parcel of land burdened by an easement. See also: Easement Appurtenant; Easement in Gross.
In relation to easements, “easements” refer to the advantage of the dominant tenement, while “servitude” describes the burden of the servient tenement.
Part of a zoning ordinance. Regulates the distance from the lot line to the point where improvements may be constructed.
(1) A construction term relating to the reduction of the thickness of a wall, or any recess or sunken panel of the wall. (2) A legal term meaning a counter demand to a claim. In condemnation, the benefits to the remaining property in a partial taking may in some jurisdictions be “set-off” against the value of the land taken. Example: part of land taken for a freeway; residue now more valuable because of freeway. Increased value is “set-off” against value of land taken.
A statement prepared by broker, escrow, or lender, giving a complete breakdown of costs involved in a real estate sale. A separate statement is prepared for the seller and buyer.
The compaction of the soil by the weight of a newly built structure. If severe, cracks in the structure may result.
One who creates a trust.
An estate in severalty is property held by one person alone.
Partition or separation.
Damage to the remaining property in condemnation, caused by the partial taking and subsequent construction of the road, building, or other use for which the taking took place.
Liquid or solid waste material of humans, animals, or industry.
A pipe or other conduit, generally underground, which carries either waste materials or water from rainfall or melting snow to a point of disposal.
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