The act of dispossessing or depriving a person of the possession of land as a result of the judgment of a court. See Actual eviction and Constructive eviction.
Archives: Glossary Terms
Eviction Notice
A notice to a tenant to vacate premises because of nonpayment of rent or other violation of of the covenants of the lease agreement.
Evidence of Title
The proof of ownership of property such as a certificate of title, an abstract of title with lawyer’s opinion, title insurance, or a Torrens registration certificate.
Ex Officio
The power to act by virtue of holding of a particular office.
Ex Parte
A one sided action or an act done in behalf of one person only.
Exception
A matter such as a reservation, an objection or a contradiction that affects title to a particular parcel of real property which is excluded from coverage in a title insurance policy.
Excess Depreciation
The amount of depreciation being applied beyond the normal rate allowed.
Excess Rent
The monetary difference between contract rent and economic rent.
Exchange
A means of trading equities in two or more real properties which are handled in a single escrow and as a single transaction.
Exchange Brokerage
A real estate activity bringing two or more parties involving in trading real properties together in real estate transaction