Real Estate Terms - R
Reverse Annuity MortgageA mortgage in which the borrower is paid an annuity (income) drawn against the equity in the home. |
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Right of SurvivorshipRight to acquire the interest of a decreased joint owner. Distinguishing characteristic of joint tenancy. |
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Right-of wayA privilege given by the owner of a property to give another the right to pass over private land. |
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Riparian RightsThe right of a landowner to water on, under, or adjacent to the land owned. |
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