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.
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.
Letters patentLetters patent (plural form for singular and plural) are a type of legal instrument in the form of a published written order issued by a monarch, president or other head of state, generally granting an office or right, or monopoly, title or status to a person or corporation. Letters patent can be used for the creation of corporations or government offices, or to grant city status or coats of arms.
Real propertyIn English common law, real property, real estate, immovable property or realty, refers to parcels of land and any associated structures which are the property of a person. For a structure (also called an improvement or fixture) to be considered part of the real property, it must be integrated with or affixed to the land. This includes crops, buildings, machinery, wells, dams, ponds, mines, canals, and roads.
LiveryA livery is an identifying design, such as a uniform, ornament, symbol, or insignia that designates ownership or affiliation, often found on an individual or vehicle. Livery often includes elements of the heraldry relating to the individual or corporate body featured in the livery. Alternatively, some kind of a personal emblem or badge, or a distinctive colour, is featured. The word itself derives from the Frenchlivrée, meaning dispensed, handed over.SettlorIn trust law, a settlor is a person who settles (i.e. gives into trust) their property for the benefit of the beneficiary. In some legal systems, a settlor is also referred to as a trustor, or occasionally, a grantor or donor. Where the trust is a testamentary trust, the settlor is usually referred to as the testator.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).
Great Seal of the RealmThe Great Seal of the Realm is a seal that is used in the United Kingdom to symbolise the sovereign's approval of state documents, today given on the advice of the government of the day. It is also known as the Great Seal of the United Kingdom (known prior to the Treaty of Union of 1707 as the Great Seal of England, and from then until the Union of 1801 as the Great Seal of Great Britain).
LawLaw is a set of rules that are created and enforced by governmental or societal institutions to regulate behavior, with its precise definition a matter of longstanding debate. It has been variously described as a science and as the art of justice. State-enforced laws can be made by a legislature, resulting in statutes; by the executive through decrees and regulations; or by judges' decisions, which form precedent in common law jurisdictions.
DeedLook up in Wiktionary, the free dictionary.
Trust (law)A trust is a legal relationship in which the owner of property, or any transferable right, gives it to another to manage and use solely for the benefit of a designated person.
HereditamentIn common law, a hereditament (from Latinhereditare, to inherit, from heres, heir) is any kind of property that can be inherited. Hereditaments are divided into corporeal and incorporeal. Corporeal hereditaments are "such as affect the senses, and may be seen and handled by the body; incorporeal are not the subject of sensation, can neither be seen nor handled, are creatures of the mind, and exist only in contemplation".*As an Amazon Associate I earn from qualifying purchases.