Real Estate Glossary Term
Taking

As a legal term, it is used to describe acquisition such as taking by will; it is most commonly used as a real estate term to mean acquisition by eminent domain.

More Real Estate Definitions

• 1031 Exchange (1031 tax deferred exchange)
• Allodial System
• Attorney in fact
• Blind Ad
• Condemnation
• Defeasance clause
• Doctrine of Laches
• Dual Agency
• Easement
• Equitable title
• Estoppel
• Executed contract
• Fee Simple Defeasible
• Fiduciary Deed
• Friable
• Implied contract
• Metes And Bounds
• Net Listing
• Operating Statement
• Option Contract
• Personal property
• Power of attorney
• Primary Markets
• Real Estate Contract
• Real property
• Recognition Agreement
• Riparian rights
• Secondary Markets
• Straight Note
• Subordination
• Subrogation
• Tenancy in Partnership
• Trade fixtures
• Trust deed
• Trustor
• Truth in Lending Act