| Second Mortgage |
| A second loan on real estate that already has a mortgage. It is subordinate to the
first mortgage. Usually of shorter term and often at a higher interest rate. |
| Section or Section of Land |
| A parcel of land comprising one square mile or 640 acres. |
| Set Back Lines |
| Those lines which delineate the required distances for the location of structures in
relation to the perimeter of the property. |
| Sub-surface Right |
| The right of ownership to things lying beneath the physical surface of the property. |
| Survey |
| The process of measuring land to determine its size, location and physical description
and the resulting drawing or map. |
