T

Township

Definition:   a square tract of land measuring six miles on each side and including 36 sections (formed by crossing of range and township lines) Pronunciation:   \ˈtau̇n-ˌship\ Used in a Sentence: ...
T

Topography

Definition:   surface features (natural and manufactured) of land (e.g. lakes, mountains, roads) Pronunciation:   \tə-ˈpä-grə-fē\ Used in a Sentence:    A map of the topography of the coastline sho...
T

Title Theory

Definition:   legal concept that vests title to mortgaged property in the mortgagee (lender) or a third party Pronunciation:   \ˈtī-təl\ \ˈthē-ə-rē\ Used in a Sentence:   With title theory, once th...
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Title Search

Definition:   an examination of all the public records to determine whether any defects exist in the chain of title Pronunciation:   \ˈtī-təl\ \ˈsərch\ Used in a Sentence:    We had a title search ...
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Title Insurance

Definition:   a policy of insurance that protects the holder from any loss resulting from defects in the title Pronunciation:    \ˈtī-təl\ \in-ˈshu̇r-ən(t)s\ Used in a Sentence:    The limited prot...
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Title Closing

Definition:   the consummation of a real estate transaction, when the seller delivers title to the buyer in exchange for payment from the buyer of the purchase price Pronunciation:   \ˈtī-təl\ \ˈkl...
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Title

Definition:   evidence of ownership of real property, such as a deed Pronunciation:   \ˈtī-təl\ Used in a Sentence:   A person who holds vested ownership rights in property is said to have title.
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T-intersection

Definition:   an interior lot that suffers from its location at the end of a t-intersection Pronunciation:  \ˌin-tər-ˈsek-shən\ Used in a Sentence:   T-intersection lots are usually less desirable ...
T

Time-share

Definition:   an individual interest in a real property unit together with a right of exclusive use for a specified number of days or weeks a year Pronunciation: Used in a Sentence:   We purchased ...