My thanks to Kathie Miller for typing the words for Chapter 2. - Right of ownership of real estate held by a person - Co-ownership based upon intervals of time - Increased soil, gravel, or sand on a stream bank resulting from the flow or current of the water - Sudden loss or gain of land as a result of water or shift in a bed of a river that has been used as a boundary - An instrument transferring ownership of personal property - A collective term for state security laws usually administered by the secretary of state's office - The gradual building up of land in a watercourse by deposits of silt, sand, and gravel over time - The rights of an owner of a freehold estate to possession, enjoyment, control, and disposition of real property - Personal property - A form of ownership in which stockholders in a corporation occupy property owned by the corporation under a lease - Title to real property held by two or more persons at the same time; also called concurrent ownership - Tangible - The master deed that contains a legal description of a condominium facility - A written instrument transferring an interest in real property when delivered to the grantee - Subject to being defeated or lost - Personal property growing in the soil, requiring planting and cultivation; annual crops - The right of a life tenant or lessee to cut timber on the property for fuel or for making repairs - An inheritable estate in land providing the greatest interest of any form of title - Personal property that has become real property by having been permanently attached to real property - A right of title to land - Items on real estate that are not part of real estate but instead are personal property, such as crops - The land and dwelling of a homeowner - Intangible things such as rights - A form of co-ownership limited to husband and wife; does not include the rights of survivorship - Distribution of property by decent as provided by statute - Pass to another - Rights in the air space above the surface of land - Items on real estate that are part of real estate, such as trees and shrubs - A form of co-ownership that includes the right of survivorship - Type of trust in which title to land is transferred to a trustee who holds the title for the benefit of the beneficiaries - Nonfreehold estate; of limited duration, providing the right of possession and control but not title; a tenant's interest in property - A freehold estate created for the duration of the life or lives of certain named persons; a noninheritable estate - Increased soil, gravel, or sand on a stream bank resulting from the flow or current of the water - One holding a life estate - Rights belonging to owner of land that borders a lake, ocean, or sea - The instrument that legally establishes a condominium; also called condominium declaration - Transfer of title to real property - Any property capable of being inherited, be it real, personal, corporeal, or incorporeal - A landowner's ability to take minerals from the earth or to sell or lease this right to others - An organization of stockbrokers empowered to regulate the over-the- counter securities market and with authority to expel members guilty of fraudulent or unethical practices - Leaseholds; estates with a length determined by agreement or statute; establishes possession of land as opposed to ownership in fee - A form of business organization in which the business is owned by two or more persons, called partners - Latin meaning "for the life of another"; a life estate measured by the life of someone other than the life tenant - A future interest in a life estate - In a condominium, a part of the common elements that only a particular unit owner has the right to use, such as an assigned parking space, a balcony, or a storage locker - Return of title to the holder of a future interest, such as the grantor in a life estate not in remainder - A form of ownership of real property consisting of individual ownership of some aspects and co-ownership of other aspects of the property - Provides for a lessee or an association to have the first opportunity to purchase the property before it is offered to anyone else - A company that has the liability protection of a corporation but is taxed as a partnership - The disclosure concerning the developer and the project that is required by the Illinois real estate time-share act to be filed with the office of banks and real estate and provided to prospective purchasers - The right for property to descend to the heirs of the owner as set out by will or by intestate succession - Items that are installed by a commercial tenant and are removable upon termination of the tenancy - The right of an owner to receive the title to a co-owner's share upon death of the co-owner, as in the case of joint tenancy and tenancy by the entirety - The federal agency charged with regulating the sale and issuance of securities - Property owned in severalty by one's spouse - Ownership by only one person - A business owned by one individual subsurface rights - Rights to the area below the earth's surface, also called mineral rights - Co-ownership that does not include the right of survivorship - Co-ownership with the right of survivorship, limited to husband and wife - Time, title, interest, and possession - Ownership in which the purchaser owns the property for a certain specified time interval - A legal relationship under which title to property is transferred to a person known as trustee