Sandwich Lease An arrangement whereby an investor leases a property with an option to buy from a homeowner, then subleases the property to a third party.

Specific Performance A remedy in a court of equity compelling a defendant to carry out the terms of an agreement.

Statute of Frauds A law requiring certain contracts to be made in writing or partially complied with in order to be legally enforceable.

Sublet/Sublease A rental contract between a tenant and someone who rents from the tenant.

Survey The blueprint of a property showing measurements, boundaries and area.