Nerve pathway of a simple reflex. When the sensory nerve ending is stimulated, a nerve impulse travels along a sensory (afferent) neuron to the spinal cord. Here an association neuron transfers the impulse to a motor (efferent) neuron.
Deeds are instruments used to record ownership interests. When you purchase or otherwise come into ownership of real estate such as a house, you gain an ownership interest in it. Ownership interests in real estate can be solely held or divided among several people.
DEFINITION of 'Home Equity'. The value of ownership built up in a home or property that represents the current market value of the house less any remaining mortgage payments.This value is built up over time as the property owner pays off the mortgage and the market value of the property appreciates.Next Up.EFINITION of 'Home Equity'. The value of ownership built up in a home or property that represents the current market value of the house less any remaining mortgage payments. This value is built up over time as the property owner pays off the mortgage and the market value of the property appreciates. Next Up.