See: revocation.
[Last updated in June of 2024 by the Wex Definitions Team]
property & real estate law
right of entry
The right of entry refers to the future interest that the original grantor holds when giving a possessory estate to another.
A fee simple estate (a type of freehold estate) grants the property holder a total current right...
right of redemption
The right of redemption refers to the right of a homeowner to save their home after the lender initiates a foreclosure action. The right of redemption protects the homeowners from forfeiting their homes if they successfully pay the amount...
right of representation
1) See per stirpes.
2) In a political context, right of representation is the right of a citizen to elect members of a legislature to represent them.
3) See right to counsel.
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right of survivorship
Under the right of survivorship, each tenant possesses an undivided interest in the whole estate. When one tenant dies, the tenant’s interest disappears and the others tenants’ shares increase proportionally and obtain the rights to the...
riparian doctrine
Riparian doctrine refers to the doctrine in property law that deals mainly with a body of water bordering a piece of land. The doctrine of riparian rights claims that the legal water right belongs to the landowner if the water flows within...
rule against perpetuities
The rule against perpetuities is a principle used mainly in property law. The common law definition of the rule against perpetuities states that if an interest in real property does not vest within 21 years of life-in-being (life in existence...
Rule in Shelley's Case
The Rule in Shelley’s Case is derived from the English case, Wolfe v. Shelley (1581) and refers to a rule in property law that generally applies to the right to possess property in the future. The Rule in Shelley’s Case states that when a...
running with the land
Running with the land refers to easements and other rights that remain with property even after being transferred. For example, if a property has an easement that runs with land to cross over the neighboring land, a person who buys the...
satisfaction of mortgage
A satisfaction of mortgage is a document that proves the borrower has paid off the mortgage in full, freeing the loan's lien on the property and giving the title to the borrower. The facts of the mortgage loan, conditions relieving the lender...