Real Estate Terms - R

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Reverse Annuity Mortgage

A mortgage in which the borrower is paid an annuity (income) drawn against the equity in the home.

Listing Last Modified: Sat Dec 22 2007

 


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Right of Survivorship

Right to acquire the interest of a decreased joint owner. Distinguishing characteristic of joint tenancy.

Listing Last Modified: Sat Dec 22 2007

 


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Right-of way

A privilege given by the owner of a property to give another the right to pass over private land.

Listing Last Modified: Sat Dec 22 2007

 


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Riparian Rights

The right of a landowner to water on, under, or adjacent to the land owned.

Listing Last Modified: Sat Dec 22 2007

 


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