legal agreement by which a bank or other creditor lends money at interest in exchange for taking the title of the debtor's real property, with the condition the conveyance of title becomes void upon the payment of the debt

act of conveying a real property to a new owner

document which transfers ownership of real estate

legal ownership and the right to use a piece of property

part of the common law which details the rights and duties of landlords and tenants

contract by which one party conveys land, property, services, etc., to another for a specified period of time

contract designed for individuals or groups to live or reside in the leased space

contract for renting spaces for business uses, such as industrial, office, retail and manufacturing

all property which is considered movable

tangible personal property as opposed to intangible property

all kinds of personal property which are not tangible

temporary placement of control over or possession of personal property by one person, the bailor, into the hands of another, the bailee, for a designated purpose upon which the parties have agreed

collection of preparative tasks which serve to manage an individual's property base in the event of his or her incapacitation or death

legal document in which the drafter outlines what to do with specific property after his or her death

one who has died leaving a testament or will

party named by the testator to carry out the terms of the will

gift of money or property from a deceased person after his or her death

person who has been named in a will or appointed by a judge to take care of minor children or a special need adult

person who derives advantage from a will, trust or life insurance policy

process used to make an orderly distribution of property from a decedent to a group of beneficiaries

second probate process for real estate located in a state other than the decedent's state of residence

agreement describing how assets will be managed and held for the benefit of another person

person who creates the trust and has the legal capacity to transfer property held under the trust

person who has died, usually the grantor of the trust

any legal individual or corporation who can take tile of property on behalf of a beneficiary

usually created by the grantor during his or her lifetime through a transfer of property to a trustee

trust created by a will after the grantor dies