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After-acquired title
After-acquired title Title or interest acquired by the grantor after a property has been conveyed.
RELATED TERMS--------------------------------------
Title
1) The rights of ownership and possession of particular property. 2) In real estate usage, title may refer to the instruments or documents by which a right of ownership is established (title documents), or it may refer to the ownership interest one has in the real estate.
Interest
Money paid to a lender as compensation for money that is borrowed.
Grantor
That party in the deed that is the seller or giver.
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Affidavit
A sworn written statement made under oath before a notary public or other official authorized by law to administer an oath. The term literally means "has pledged one's faith."
Affidavit of title
A written statement, made under oath by a seller or grantor of real property and acknowledged by a notary public.
Affirmation
A formal declaration that an affidavit is true.
Affirmative easement
Gives the owner of the dominant tenement the right to use the servient tenement.
A-frame design
An interior style that features a steeply peaked roofline and a ceiling that is open to the top rafters.
After-acquired title
Agency
1) The relationship that exists when a person, known as the principal, contracts to another, the agent, to perform an act in that person's stead. 2) Common term for a firm offering representation.
Agency closing
The use of a title company to supervise the meeting where the property is transferred and mortgage is settled.
Agency coupled with an interest
An agency relationship in which the agent is given an estate or interest in the subject of the agency (the property).
Agency disclosure
A state mandated form that describes representation options available to the buyer and must be presented to all buyers at the first "meaningful meeting. "
Agent
Person authorized to act on behalf of another in dealings with third parties.
This dictionary contains 6433 terms. |
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