Welcome back to RealtyMyths Weekly Word Wizard! Here are the real estate terms for the week.
Accretion: An increase or addition to land by the deposit of sand or soil washed up naturally from a river, lake, or sea.
Actual eviction: The result of legal action originated by a lessor, by which a defaulted tenant is physically ousted from the rental property pursuant to a court order.
Air rights: The right to use the open space above one’s property. It can be sold to build a skywalk or for a utility company to erect power lines.
Alluvion: The actual soil increase resulting from accretion.