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Deed
A deed is a legal document that is signed and delivered, especially concerning the ownership of property or legal rights. Specifically, in common law, a deed is any legal instrument in writing which passes, affirms or confirms an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions, sealed. It is commonly associated with transferring (conveyancing) title to property.
ConveyancingIn law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title).ContractA contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent to transfer of goods, services, money, or promise to transfer any of those at a future date. The activities and intentions of the parties entering into a contract may be referred to as contracting.
Title (property)Bundle of rights to a property In property law, title is an intangible construct representing a bundle of rights in a piece of property in which a party may own either a legal interest or equitable interest. The rights in the bundle may be separated and held by different parties. It may also refer to a formal document, such as a deed, that serves as evidence of ownership.
PropertyEntity owned by a person or a group of people Buildings of shops, hotels, and residences are prevalent forms of property. Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves.
Jurisdiction (area)A jurisdiction is the legal authority of a court, government, or other entity to make and enforce laws within a defined area. Each state in a federation—such as Australia, Germany, and the United States—forms a separate jurisdiction. Certain laws, however, may be uniform across the constituent states and enforced by federal courts, resulting in a single jurisdiction for those purposes.
Legal instrumentLegal instrument is a legalterm of art that is used for any formally executed written document that can be formally attributed to its author, records and formally expresses a legally enforceable act, process, or contractual duty, obligation, or right, and therefore evidences that act, process, or agreement.
LicenseA license (American English) or licence (Commonwealth English) is an official permission or permit to do, use, or own something (as well as the document of that permission or permit). A license is granted by a party (licensor) to another party (licensee) as an element of an agreement between those parties. In the case of a license issued by a government, the license is obtained by applying for it.
Common lawThe common law is the system of judge-madelaw that originates in the King's courts of medieval England and which has since been received to the former colonies of the British Empire. During the 12th century, Henry II established a system of travelling judges, who decided on cases and enforced a set of laws common to all England.
PatentA patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time, in exchange for publishing an enabling disclosure of the invention. It offers a bargain between society and inventor: for a limited period of exclusivity, the inventor agrees to make the invention public rather than to keep it secret.
Seal (emblem)Town seal (matrix) of Náchod (now in the Czech Republic) from 1570Present-day impression of a Late Bronze Age sealA seal is a device for making an impression in wax, clay, paper, or some other medium, including an embossment on paper, and is also the impression thus made.
InterestIn finance and economics, interest is payment from a debtor or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay to the lender or some third party.
PresumptionIn law, a presumption is an "inference of a particular fact". There are two types of presumptions: rebuttable presumptions and irrebuttable (or conclusive) presumptions.
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