Groundwater at Real Estate Glossary

What is it? Water under the earths surface, regardless of the geological structure in which the water is standing or flowing. It does not include water in underground streams that have identifiable banks and beds.

Real Estate Definition Added By: Ryan

Send To Friends!

If you'd like to send the Groundwater definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Groundwater. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Real Estate Terms:

Real Estate Term Appreciation is An increase in the worth or value of a property due to economic or related causes, which may prove to be either temporary or permanent; opposite of depreciation. (See depreciation)

Real Estate Term Attachment is The legal process of seizing the real or personal property of a defendant in a lawsuit by levy or judicial order, and holding it in court custody as security for satisfaction of a judgment. The lien is thus created by operation of law, not by private agre

Real Estate Term Special Limitation is A fee simple estate may also be qualified by a special limitation. The estate ends automatically upon the current owners failure to comply with the limitation. The former owner retains a possibility of reverter. If the limitation is violated, the former

Real Estate Term Exclusive listing is A contract that gives an agent the exclusive right to market a property for a specific period of time.

Real Estate Term Accusation is The first step in a disciplinary action against a licensee.