property & real estate law

Common Property

Common Property has several related meanings.

First, Common Property is real property that is owned by "tenants in common." Because it is Common Property, the “tenants in common” each have an "undivided interest" in the entire property...

Community Interest Development

See: Common Interest Development

Community Property with Right of Survivorship

Property that is jointly owned by both spouses; and on the death of one spouse their 1/2 share will pass directly to the other spouse without going through probate.

For example, Husband and Wife own a house in a community property state. Each...

Condemn

1. To blame for something. A court finding someone guilty of a crime is sometimes said to condemn that person.

2. To declare that specified private property will be taken for public use. See Eminent domain.

3. To find that something is...

Condemnation

The act of condemning a person or property.

See Condemn.

Condemnation Action

Definition from Nolo’s Plain-English Law DictionaryA lawsuit brought by a public agency to acquire private property for public purposes (schools, highways, parks, hospitals, redevelopment, civic buildings, for example), or even for private development...

Conditional Ownership

Definition from Nolo’s Plain-English Law DictionaryOwnership in which the owner does not have full right to the property, but could acquire full ownership if specific conditions are fulfilled -- the ownership is conditional on those conditions. For...

Conditional Sale

Definition

A sale in which the purchaser receives possession of and the right to use certain goods, but title remains with the seller until the performance of a condition is met by the buyer. Usually, this condition is the buyer's full payment of the...

Conditional Use Zoning

See Contract Zoning

Condominium

Definition from Nolo’s Plain-English Law DictionaryA type of real property ownership in which each owner holds title to his or her individual unit and shares ownership jointly of common areas such as driveways, parking, elevators, outside hallways, and...

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