Dictionary

Definition:   an estate lawfully acquired for a temporary period of time but retained after a period of lawful possession has expired; nonfreehold estate Pronunciation:   \ˈte-nən(t)-sē\  \ˈsə-f(ə-...

Definition:   the estate or rights of a tenant Pronunciation:  \ˈte-nən(t)-sē\ Used in a Sentence:    A tenancy at will is a lease agreement that has no fixed termination date.

Definition:   the initiation of a telephone call for the purpose of encouraging the purchase of, or investment in, property, goods, or services. Pronunciation:   \sə-ˌli-sə-ˈtā-shən\ Used in a Sent...

Definition:  a term used to describe some tax advantages of owning real property (or other investments); an investment that shields items of income or gain from payment of income taxes Pronunciatio...

Definition:   the percentage of value that is used to determine the amount of tax to be levied against each individual unit of property Pronunciation: Used in a Sentence:   The tax rate is establis...

Definition:   a claim against real property arising out of nonpayment of the property taxes Pronunciation:   \ˈlēn, ˈlē-ən\ Used in a Sentence:    The local tax lien for unpaid real property taxes ...

Definition:   an authority, such as a city, county, school board, or special levy area, with the power to assess property owners annually in order to meet its expenditures for the public good Pronu...

Definition:    a type of deed used to convey title after real property is sold at auction by public authority  for nonpayment of taxes Pronunciation: Used in a Sentence:   Once property is transfer...

Definition:   a provision in a mortgage that requires the borrower to pay all legitimate property taxes Pronunciation:   \ˈklȯz\ Used in a Sentence:    We were required to pay the property taxes o...