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The merger also refers to the doctrine whereby "a fee simple estate, once fragmented into present and future interests, can thereafter be reconstituted. 'Merger is the absorption of a lesser estate by a greater estate, and takes place when two distinct estates of greater and lesser rank meet in the same person or class of persons at the same time without any intermediate estate.' "[1 ...
The names of these offices are usually the "Recorder of Deeds" or something similar. State statutes also prescribe the following elements: What instruments are entitled to be recorded, usually deeds, mortgages (whether or not in the form of deeds of trust), leases (usually longer term varieties), easements, and court orders. There is generally ...
The office of Commissioner of Deeds is one unique to the United States. During the 19th century, deeds concerning property located in a particular state could only be acknowledged before a Notary Public in that state; if the deeds was acknowledged outside the state where the subject property was located, the grantor would have to find a judge of a court of record to take the acknowledgment.
In October, the median existing U.S. home sold for $407,200, marking the 16th month in a row when home prices rose annually, according to the National Association of REALTORS.. Given an uptick in ...
An assignment does not necessarily have to be made in writing; however, the assignment agreement must show an intent to transfer rights. The effect of a valid assignment is to extinguish privity (in other words, contractual relationship, including right to sue) between the assignor and the third-party obligor and create privity between the obligor and the assignee. [1]
The offices up for election include U.S. Senate, U.S. Congress, Wisconsin State Senate, Wisconsin State Assembly and Portage County elected officials: district attorney, clerk, treasurer and ...
The house at 6440 Upper Parkway North is a 2-story Prairie School house built in 1919, with horizontal lines, wide eaves, a hip roof, and arrays of windows. [16] [14] The house at 6129 Washington Circle is a 1.5-story Craftsman bungalow built in 1919. Identifying features of Craftsman style are the exposed rafter tails. The general form and ...
Ownership & Lien Report. Is informational, coming from examining the current owner's vesting deed forward and examining: owed taxes, new encumbrances on record, name searches on parties in title. [3] Probate. This is when a family, lawyer, or court is dividing up the property of a deceased person.
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