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The Indiana Code in book form. The Indiana Code is the code of laws for the U.S. state of Indiana. The contents are the codification of all the laws currently in effect within Indiana. With roots going back to the Northwest Ordinance of 1787, the laws of Indiana have been revised many times.
An enhanced life estate deed, often referred to as a “Lady Bird” deed, is a legal document utilized in some areas to streamline the transfer of property ownership. This deed simplifies the ...
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 ...
Caveat is Latin for "beware". [1] In Australian property law and other jurisdictions using the Torrens title system, a caveat is a warning that someone other than the owner claims some right over or nonregistered interest in the property .
This is a deed "for which the grantor implies to have or have had an interest in the property but offers no warranties of title to the grantee." [2] Under common law, this type of deed technically created a use in the buyer who then gets the title. [3] Under the statute of uses, modern real property law disregards this subtle distinction ...
In construction contracting, a latent defect is defined as a defect which exists at the time of acceptance but cannot be discovered by a reasonable inspection. [2]In the 1864 US case of Dermott v Jones, the latent defect lay in the soil on which a property had been built, giving rise to problems which subsequently made the house "uninhabitable and dangerous".
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