Examlex
When calculating the net cash flow in a project's expected final year,
Profit À Prendre
is a legal term denoting the right to take something from another's land, such as natural resources, for use or sale.
Dominant Property
The property that benefits from an easement, which is a right to cross or otherwise use someone else's land for a specified purpose.
Trade Fixtures
Items of personal property brought upon the land by a tenant that are necessary to carry on the trade or business to which the premises will be devoted. Contrary to the general rule, trade fixtures remain the personal property of the tenant and are removable at the expiration of the terms of occupancy.
Quitclaim Deed
A deed that transfers to the buyer only the interest that the seller may have in a property and that contains no warranties.
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