Peace Talks Glossary
Peace Talks Glossary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Real estate
Real property (e.g., land, houses)
Real property
Land, houses, and items attached to the land.
Recording
Filing
of deeds and official papers with the county land records office. Recording
creates an official public record of ownership and changes in ownership.
Residual beneficiary
Person who receives trust property after death of a life beneficiary,
or ultimate beneficiary of property left by will or trust which wasn’t
otherwise disposed of in the will or trust.
Residue or Residuary
Estate
All property not specifically devised or given away
as part of your will or trust. Basically, whatever is left over after
all assets which were specified in the will or trust are distributed.
Right of survivorship
Right of surviving joint tenant to take title to deceased joint tenant’s
share of property.
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