The forfeit of all property to the state when a person dies without heirs.
CLEANING FEE
A nonrefundable fee charged by a landlord when a tenant moves in. The fee covers the cost of cleaning the rented premises after you move out, even if you leave ... (more...)
A nonrefundable fee charged by a landlord when a tenant moves in. The fee covers the cost of cleaning the rented premises after you move out, even if you leave the place spotless. Cleaning fees are illegal in some states and specifically allowed in others, but most state laws are silent on the issue. Landlords in every state are allowed to use the security deposit to clean a unit that is truly dirty.
PERMANENT RESIDENT
A non-U.S. citizen who has been given permission to make his or her permanent home in the United States. If you acquire permanent residence, you will be issued ... (more...)
A non-U.S. citizen who has been given permission to make his or her permanent home in the United States. If you acquire permanent residence, you will be issued a green card to prove it. The terms permanent resident and 'green card holder' mean exactly the same thing. You cannot be a permanent resident without a green card and you cannot have a green card without being a permanent resident. As a permanent resident, you may travel as much as you like, but your place of residence must be the United States and you must keep that residence on a permanent basis. If you leave the United States and stay away for more than a year, you risk losing your green card.
TENANCY IN COMMON
A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owner... (more...)
A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owners, as is required with joint tenancy. In some states, two people are presumed to own property as tenants in common unless they've agreed otherwise in writing.
PROPERTY
See personal property, real estate, community property, separate property.
BEQUEST
The legal term for personal property (anything but real estate) left in a will.
SECURITY DEPOSIT
A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. If the tenant damages the property or le... (more...)
A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. If the tenant damages the property or leaves owing rent, the landlord can use the security deposit to cover what the tenant owes.
RIGHT OF SURVIVORSHIP
The right of a surviving joint tenant to take ownership of a deceased joint tenant's share of the property. See joint tenancy.
UNIFORM TRANSFERS TO MINORS ACT
A statute, adopted by almost all states, that provides a method for transferring property to minors and arranging for an adult to manage it until the child is o... (more...)
A statute, adopted by almost all states, that provides a method for transferring property to minors and arranging for an adult to manage it until the child is old enough to receive it. See custodian.
... [23] Professors Prosser and Keeton explain: Thus a landlord cannot sue for a mere trespass
to land in the occupation of his tenant. ... [24]. Salinas's reversion interest in the minerals leased
to Coastal is similar to a landlord's reversion interest in the surface estate. ...
... To prevail and obtain possession in its forcible detainer action, the law requires appellant to show:
(1) the substitute trustee conveyed the property by deed to appellant after the foreclosure sale;
(2) the deed of trust signed by appellee established a landlord-tenant relationship ...
... Landlord shall furnish Tenant a written statement estimating: (i) Common Area expenses;
(ii) the total taxes dues for said calendar year; and (iii) total insurance premiums due
for the year (herein collectively the `Estimate'). Beginning ...