Archives: Glossary

EGRESS

A term concerning a right to come and go across the land (public or private) of another. Usually part of the term ingress and egress

EIS

See: Environmental Impact Statement.

EJECTMENT

Most commonly, a court action to recover real property, usually by eviction of a tenant. In some states, an action to enforce specific performance.

ELECTRIC HEATING

Any heating system using electricity as its power source. May be a water or air system.

ELEEMOSYNARY CORPORATION

A corporation created for a charitable purpose. There are tax advantages accorded to such corporations. The corporation may operate the same as a profit making corporation. Commonly called a nonprofit corporation.

ELEVATION

(1) Height above sea level. (2) The exterior design of a structure, usually but not necessarily, viewed from the front. Called a horizontal elevation. (3) Height measured from any point, such as elevation from a floor. Called vertical elevation.

ELUVIATION

The movement of soil materials, either in a downward or horizontal direction, caused by excessive water in the soil.

EMBLEMENTS

Growing crops. Considered chattels which may be removed by a tenant at the expiration of his lease.

EMINENT DOMAIN

A governmental right to acquire private property for public use by condemnation, and the payment of just compensation.

EMOLUMENT

Compensation for personal services, such as salary, commission, or other compensation.

EMPHYTHEUTIC LEASE

A lease in perpetuity or for a long period, freely transferable by the lessee, upon the condition that the lessee improve the property and pay rent.

EMPLOYER-ASSISTED HOUSING

Programs offered by employers to help their employees purchase a home. The Federal National Mortgage Association (Fannie Mae) offers advice to employers in setting up these programs.

EMPLOYMENT LETTER

A letter from an employer stating the time a person has been employed and income from said employment.

EMPOWERMENT ZONES AND ENTERPRISE COMMUNITIES (EZ/EC)

Targeted areas to be aided through tax incentives, grants and loans to improve economic conditions. The program was created by Title XIII of the Omnibus Budget Reconciliation Act of 1993 and expanded by the Taxpayer Relief Act of 1997.

ENCROACHMENT

Generally, construction onto the property of another, as of a wall fence, building, etc.

ENCUMBRANCE, INCUMBRANCE

A claim, lien, charge, or liability attached to and binding real property. Any right to, or interest in, land which may exist in one other than the owner, but which will not prevent the transfer of fee title.

ENDORSEMENT (INDORSEMENT)

The act of the holder of a note, bill, check, or other negotiable instrument, of transferring said instrument by signing the back of the instrument, with or without qualifications.

ENDORSER

One who transfers a check or mortgage note by signing (endorsing) the check or note rather than by a separate document (assignment). The transferee may receive greater rights by endorsement than by assignment.

ENGLISH ARCHITECTURE

A general term, encompassing the styles of various English design, but which have common elements. The exterior being either of large stones, or exposed timbers with large stones or brick placed between the timbers, in a decorative manner. The roof is most often of slate and windows are hinged vertically.

업데이트 안내

저희 JHT부동산 학교 웹사이트 업데이트 및 정기검진이 진행됩니다. 아래 업데이트 시간동안 모든 서비스 이용이 제한 됩니다. 감사합니다. 

업데이트 시간:
2024년 11월 22일(금)
07:00PM-01:00AM PST
(약 6시간)

카카오톡 상담
재오픈 안내

안녕하세요. 카카오톡 상담 기능이 다시 정상적으로 작동되어 다시 오픈 되었습니다. 궁금하신 점이 있으시면 언제든지 여기 카카오톡 채널을 통해 연락주세요. 항상 감사합니다.

카카오톡 채널 채팅하기 버튼