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FRONTAGE The length of a property abutting a street or body of water; that is, the number of feet that "front" the street or water. ATTORNEY-IN-FACT One who is authorized by another to act in his place under a power of attorney. MECHANIC'S LIEN A statutory lien created in favor of materialmen and mechanics to secure payment for materials supplied and services rendered in the improvement, repair or maintenance of real property. CONDOMINIUM A form of property ownership in which the homeowner holds title to an individual dwelling unit and a proportionate interest in common areas and facilities of a multi-unit project. GIFT TAX A graduated federal tax paid by a donor upon making a gift. MISREPRESENTATION A false statement or concealment of a material fact made with the intent to induce some action by another party. LANDSCAPING Shrubs, bushes, trees and the like, on the grounds surrounding a structure. |
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