Access-- The right to enter and leave a tract of land from
a public way "Oftentimes the right to enter and leave over the lands
of another."
Accretion-- The slow build up of lands by natural forces
such as wind, wave or water.
Acknowledgement--The act by which a party
executing a legal document goes before an authorized officer or
notary public and declares the same to be his voluntary act and
deed.
Acre--A tract of land 208.71 feet square and
containing 43,560 square feet of land.
Administrator--A person appointed by a probate
court to settle the affairs of an individual dying without a will.
The term is administratrix if such a person is a woman.
Adverse Possession--A claim made against the
lands of another by virtue of open and notorious possession of said
lands by the claimant.
Affidavit--A sworn statement in writing
Air Rights --The right to ownership of everything above
the physical surface of the land
ALTA--American Land Title Association, a national
association of title insurance companies, abstracters and attorneys
specializing in real property law which speaks for the title
insurance and abstracting industry. with headquarters in Washington,
D.C.
Appurtenance--Anything so annexed to land or
used with it that it will pass with the conveyance of the land.
ARM--Adjustable Rate Mortgage--See Variable Rate Mortgage.
Assessment--The imposition of a tax, charge or levy,
usually according to established rates.
Assessor --A public official who evaluates property for
the purpose of taxation.
Assignee--One to whom a transfer of interest is made. For
example, the assignee of a mortgage or contract.
Assignor --One who makes an assignment. For example, the
assignor of a mortgage or contract.
