Act of Waste
When a possessor who holds less than fee ownership (i.e., tenant, vendee, and mortgagor) misuses or abuses the property.
More Real Estate Definitons
Cloud on titleViolationVendor’s LienTransfer TaxChattelUnder-LeaseKite WinderCasingHearthX-BracingJoint EstatePuttyMortarQuietusGarnisheeZoning MapYard LumberInliquidityEPAAcknowledgementBackup OfferLallyTM ColumnsOverheadGrowing CropReceiptFSBOTownshipKelp-ShoreRiserQuestion Of LawOpen HousingKey TenantTurn KeyJudgment ProofUndercoatingGround FloorWall PlatesPlansKilogramLotQualifyingInner City