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.
An Explanation of Home Equity and the Related Loans. Home Equity is the amount of ownership that has been built up in a property. Typically, residential property is bought through a mortgage, which is then paid off for a number of years. After the mortgage has been fully repaid, the property then belongs to the mortgager, namely the buyer. In the interim, however, the buyer simply builds up equity in the home.