Real Estate Terms starting with "P"
Browse all real estate terms beginning with the letter P.
Package mortgage
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Parcel
It is a distinct unit of property that can be bought, sold, or developed. It is a singular, identifiable piece of land with its own unique characteristics and ...
Parol evidence rule
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Partial eviction
Unlike a complete eviction, where the tenant loses access to the entire premises, a partial eviction allows the tenant to continue occupying part of the propert...
Participation financing
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Partition
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Partnership
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Party wall easement
## Understanding Party Walls in Real Estate This wall can be found not only in residential properties but also in commercial and industrial buildings, showcas...
Payee
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Payor
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Percentage lease
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Performance bond
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Periodic estate
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Permanent reference marker
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Personal assistant
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Personal property
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Physical deterioration
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Plat
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Plat book
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Point
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Point of beginning
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Police power
## The Structures of Police Power Zoning ordinances represent one of the most visible exercises of police power, establishing clear boundaries between resident...
Power of attorney
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Premises
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Prepayment clause
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Prepayment penalty
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Principal
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Principal meridian
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Principle of conformity
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Priority
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Probate
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Procuring cause
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Property disclosure acts
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Property management
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Property tax
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Proration
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Prospectus
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Public utility easement
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Pur autre vie
The life estate pur autre vie involves the right to use and benefit from property for the duration of another person's life. A comprehensive understanding of ...
Purchase-money mortgage
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