Real Estate Glossary

Real Estate Law Glossary

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There are currently 3 names in this directory beginning with the letter E.
A legal right to use or cross (right-of-way) another person's land for limited purposes. This right belongs to someone other than the landowner. A common example is a utility company's right to run wires or lay pipe across a property.

An intrusion onto an adjoining property — such as a neighbour's fence, storage shed or overhanging roof line that partially (or even fully) intrudes onto your property.

The difference between the price for which a property can be sold and the total of the mortgage(s) and other loans on the property. Equity is the owner's financial "stake" in the property.