A law adopted by some cities or towns with desirable vistas -- such as those in the mountains or overlooking the ocean -- that protects a property owner from ha... (more...)

A law adopted by some cities or towns with desirable vistas -- such as those in the mountains or overlooking the ocean -- that protects a property owner from having his or her view obstructed by growing trees. View ordinances don't cover buildings or other structures that may block views.

BASIS

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the pr... (more...)

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the property, 'adjusted' to reflect improvements made or damage incurred while you own the property. See stepped-up basis, carryover basis.

TORTIOUS INTERFERENCE

The causing of harm by disrupting something that belongs to someone else -- for example, interfering with a contractual relationship so that one party fails to ... (more...)

The causing of harm by disrupting something that belongs to someone else -- for example, interfering with a contractual relationship so that one party fails to deliver goods on time.

MORTGAGE

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender... (more...)

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender can foreclose on the real estate and have it sold to pay off the loan.

SERVIENT TENEMENT

Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would ... (more...)

Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would be a servient tenement.

SEIZURE

The taking of physical evidence or property by law enforcement officials. This runs the gamut from taking blood for a drug test to impounding a car used in a ro... (more...)

The taking of physical evidence or property by law enforcement officials. This runs the gamut from taking blood for a drug test to impounding a car used in a robbery. The police must generally obtain a search warrant, or court order, before they can seize personal property.

EVICTION

Removal of a tenant from rental property by a law enforcement officer. First, the landlord must file and win an eviction lawsuit, also known as an 'unlawful det... (more...)

Removal of a tenant from rental property by a law enforcement officer. First, the landlord must file and win an eviction lawsuit, also known as an 'unlawful detainer.'

APPRAISER

A person who is hired to determine the current value of real estate or other property.

QUANTUM MERUIT

The reasonable value of services provided, which a winning party may be able to recover from an opponent who broke a contract.

SAMPLE LEGAL CASES

MOUNTAIN COMMUNITIES v. PUB. SERV. COM'N

MOUNTAIN COMMUNITIES FOR RESPONSIBLE ENERGY, Intervenor Below, Appellant v. PUBLIC SERVICE COMMISSION OF WEST VIRGINIA and Beech Ridge Energy, LLC; West Virginia State Building and Construction Trades Council, AFL-CIO, Defendants Below ...

Mylan Laboratories v. AMERICAN MOTORISTS

... Also, the circuit court's order is based on its construction of the language in certain insurance policies. ... Co., 159 W.Va. 508, 223 SE2d 441 (1976). However, "[t]he mere fact that parties do not agree to the construction of a contract does not render it ambiguous. ...

BUILDERS'SERVICE AND SUPPLY CO. v. Dempsey

... SERVICE AND SUPPLY COMPANY, Plaintiff Below, Appellee, v. Christal M. DEMPSEY, a/k/a Christal M. Smith, and Clark Sinclair, Sheriff of Taylor County, West Virginia, Defendants and Third-Party Plaintiffs Below, v. Edward Charlton, d/b/a Charlton Construction, Third-Party ...

Falling Waters Construction Lawyer, West Virginia

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LEGAL TERMS

VIEW ORDINANCE

BASIS

TORTIOUS INTERFERENCE

MORTGAGE

SERVIENT TENEMENT

SEIZURE

EVICTION

APPRAISER

QUANTUM MERUIT

SAMPLE LEGAL CASES

MOUNTAIN COMMUNITIES v. PUB. SERV. COM'N

Mylan Laboratories v. AMERICAN MOTORISTS

BUILDERS'SERVICE AND SUPPLY CO. v. Dempsey

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