Ownership of realty by two or more persons, each of whom has an undivided interest, without the right of survivorship. Upon the death of one of the owners, the ownership share of the decedent is inherited by the party or parties designated in the decedent's will.
Changes, typically to office, retail or industrial property, to accommodate specific needs of a tenant. Include moving interior walls or partitions, carpeting or other floor covering, shelves, windows, toilets, etc. The cost is negotiated in the lease.
To present something of value for another's acceptance. An offer to perform an obligation, together with actual performance or evidence of present ability to perform. To pay or deliver. To perform under a contract.
In law, possession that are permanent and fixed; structures attached to land or a building. Alternately, city apartment building that is over-crowded, poorly constructed or maintained, and generally part of a slum.
The length of time or condition under which something, such as a piece of property, is held. Classification of one's ownership rights in land. One may either buy the land and own all rights to it or lease it where one's rights are described in and limited by the lease agreement.