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Each U.S. state has a recording act, a statute which dictates the legal procedure by which an individual claiming an interest in real property (real estate) formally establishes their claim to that property. The recordation of property rights becomes particularly significant where an unscrupulous dealer in land purports to sell the same tract ...
Rectification is a remedy whereby a court orders a change in a written document to reflect what it ought to have said in the first place. It is an equitable remedy , [ 1 ] and so the circumstances on which it can be applied are limited.
A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
Missouri was admitted as a state on August 10, 1821, and the United States Congress established the United States District Court for the District of Missouri on March 16, 1822. [ 2 ] [ 3 ] [ 4 ] The District was assigned to the Eighth Circuit on March 3, 1837.
Under the Constitution of Missouri, Court of Appeals judges must be at least 30 years old, licensed to practice law in Missouri, a United States citizen for at least 15 years, a qualified voter of the state for nine years preceding selection, and a resident of the appellate district in which the judge serves. Judges serve a term of twelve years ...
In real property law, the term real covenants means that conditions are tied to the ownership or use of land. A "covenant running with the land", meeting tests of wording and circumstances laid down in precedent , imposes duties or restrictions upon the use of that land regardless of the owner.
The existence of section lines made property descriptions far more straightforward than the old metes and bounds system. The establishment of standard east-west and north-south lines ("township" and "range lines") meant that deeds could be written without regard to temporary terrain features such as trees, piles of rocks, fences, and the like, and be worded in the style such as "Lying and ...
A deed of trust refers to a type of legal instrument which is used to create a security interest in real property and real estate. In a deed of trust, a person who wishes to borrow money conveys legal title in real property to a trustee , who holds the property as security for a loan ( debt ) from the lender to the borrower.