A deed is a signed legal document that transfers ownership of an asset from one party to another. Deeds are most commonly used to transfer ownership of property or vehicles between two parties. A deed to real property must be properly filed with the local government for its owner to be able...
While the certificate of title is an opinion of status and doesn't guarantee ownership, the deed is adocument used when there is a transfer of propertyfrom a seller to a buyer. By issuing a deed, the seller transfers the interest to the buyer, also known as thegrantor. The deed may al...
(1) cure or eliminate such Title Defect prior to the Closing, in which event the Closing shall proceed with respect to the Real Property subject to such Title Defect without any reduction in the applicable Property Price; (2) accept a reduction in the Property Price applicable to the Real ...
schedule B to the title policy lists the encumbrances to the property 不动产契据保险单附表2罗列了有关财产所受的限制 【来源】《英汉法律用语大词典》 short title 简略标题,简短名称 【来源】《英汉法律用语大词典》 singular property title 独资所有权 【来源】《英汉法律用语大词典》 singular title 单项财...
A deed to real property that provides for usual covenants generally includes the first five of these covenants. When a deed provides for full covenants, it is regarded as giving such protection as is extended pursuant to all six covenants. Covenants for seisin and of the right to convey are...
Deed: The legal instrument used to transfer title in real property from one person to another. Dependent: A person dependent for support upon another. Deposition: An oral statement made before an officer authorized by law to administer oaths. Such statements are often taken to examine potential ...
A process of acquiring title to real property by possession for a certain (statutory) period of time, in addition to fulfilling other conditions. Affidavite A written statement or declaration, sworn to before an officer who has authority to administer an oath. ...
"Two or more persons hold title to real estate jointly, with equal rights to share in its enjoyment during their respective lives with the provision that upon the death of a joint tenant, his share in the property passes to the surviving tenants, and so on, until the full title is vested...
TItle family has been focused on providing excellent customer service to the entire State of Michigan for over a decade. We have maintaned a core group of long standing employees that have a wealth of knowledge in title and escrow service, as well as adding new, young talent when we can....
expressed as an “Irrevocable Power of Attorney”. A land purchaser is required by law to “perfect” the land transaction to secure his ownership rights to avoid future risks associated with land transactions. “Land” is used here to include buildings, real estate, real property and undeveloped...