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A deed of trust is not used to transfer property directly. It is commonly used in some states — California, for example — to transfer title to land to a “trustee”, usually a trust or title company, which holds the title as security ("in escrow") for a loan. When the loan is paid off, title is transferred to the borrower by recording a ...
by deed: Said of something that is the actual state of affairs, in contrast to something's legal or official standing, which is described as de jure. De facto refers to "the way things really are" rather than what is officially presented as the fact of the matter in question. de fideli: with faithfulness
"Commonly used referring to the time a contract, statute, marriage, or deed become legal. e.g. The couple was covered ab initio by her health policy." [1] / ˌ æ b ɪ ˈ n ɪ ʃ i oʊ / absque hoc: without this "Presenting the negative portion of a plea when pleading at common by way a special traverse." [1] / ˌ æ b s k w eɪ ˈ h ɒ k ...
There are some good reasons to consider using an enhanced life estate deed. For example, the main advantages include: Right to use (and profit from) the property. Control over the terms of the deed.
Example of the reconveyance process Unless you purchase a home entirely with cash, it’s likely that you’ll have a mortgage on the property. Let’s say you take out a mortgage from a lender ...
For example: When a person having legal title to property dies, heirs at law or beneficiaries per the last will, automatically receive an equitable interest in the property. When an executor or administrator qualifies, that person acquires the legal title, subject to divestment when the estate has been administered so as to allow for the lawful ...
Tax deeds may be put up for auction by a city or county — allowing investors to purchase the tax deed to become the new owner of the home. The goal is for the city or county to recoup the lost ...
This form of deed poll is commonly used in Hong Kong. A deed poll may also be used (in England and Wales) for clergy of the Church of England to relinquish their holy orders. Bonds and powers of attorney are examples of deeds poll. A will is not a deed poll, not being made under seal, and being subject to separate statutory requirements.