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Right of ingress or egress
| Глоссарий в сфере недвижимости и ипотеки |
The right of egress is a person’s legal right to exit a property. the right of ingress is the right to enter a property. it is generally used in rental or easement situations in which the tenant or person to which easement has been granted needs access to a shared driveway, a private road to the property, etc.
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Right of survivorship, английский
- The right of survivorship is employed most often when there is joint ownership or tenancy of a property. it ensures that the surviving owner automatically receives the deceased owner’s share of the property becoming the sole owner of the property.
- The right of a surviving joint tenant to take ownership of a deceased joint tenant’s share of the property. see joint tenancy.
Real estate settlement procedures act, английский
The real estate settlement procedures act (respa) requires lenders to provide disclosures to borrowers informing them of real estate transactions, settlement services, and relevant consumer protection laws.
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