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Valuable additions to the land, such as buildings, fences, roads, etc., which increase the value of the property.


An entrance to property, or the act of entering.

inspection clause

A stipulation in an offer to purchase that makes the sale contingent on the findings of a home inspector.


(1) The sum paid in return for the use of money; could be considered rent for the use of money.
(2) The type and extent of ownership in property.

interest rate

The periodic charge on borrowed money. Expressed as a percentage.

These terms and their presence on this site are not intended as, nor should they be used as, legal advice. You should always obtain advice from a licensed attorney for all legal matters.