Tangible - Existing physically; that which can be touched.

Taxes - A forced contribution of wealth to meet the public need for government.

Tax Sale - A sale of property, usually at auction, for non-payment of taxes assessed against it.

Tenancy at Sufferance - A tenancy which arises when a tenant holds over after the termination of a lease without consent.

Tenancy at Will - A tenancy for an indefinite period which may be terminated at the will of either the lessee or the lessor.

Tenancy in Common - Ownership by two or more persons who hold undivided interests without right of survivorship.

Tender - An offer of money, usually in satisfaction of a claim or demand.

Time Is Of The Essence -  A clause in a contract contemplating performance by the date specified therein.

Title - The rights of ownership.

Title Insurance - Insurance written by a title company to protect the property owner against loss if title is imperfect.

Tort -A wrongful act; wrong; injury; violation of a legal right.

Townhouse - A single family attached dwelling unit with party walls; usually an individual unit in a series of five to ten houses, with common walls between the units and side yards on the end units only; may have one to three stories and all necessary facilities and amenities.

Trust Deed - An instrument which transfers (conveys) the bare legal title of a property to a trustee to be held pending fulfillment of an obligation, usually the repayment of a loan to a beneficiary.

Trustee - One who holds bare legal title to a property in trust for another to secure the performance of an obligation.

Trustee's Sale - A sale at auction by a trustee under a deed of trust, pursuant to foreclosure proceedings.

Trustor - The borrower of money secured by a trust deed. One who transfers his bare legal title to a trustee to be held as security until he has performed his obligation to a lender under terms of a note secured by a deed of trust.