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It represents the transfer of ownership from your mortgage lender to you. Over the time you repaid your mortgage, you legally owned the property, but the lender held the mortgage lien, or claim ...
A lease and release is a form of conveyance of real property involving the lease of land by its owner to a tenant, followed by a release (relinquishment) of the landlord's interest in the property to the tenant. This sequence of transactions was commonly used to transfer full freehold title to real estate under real property law.
The processes of land administration include the transfer of rights in land from one party to another through sale, lease, loan, gift and inheritance; the regulating of land and property development; the use and conservation of the land; the gathering of revenues from the land through sales, leasing, and taxation; and the resolving of conflicts ...
A transfer deed is a document used in conveyancing in England and Wales to transfer real property from its legal owner to another party. Sometimes referred to as a transfer and formerly a conveyance or assignment (if a transfer of an existing Leasehold title). Several different forms of transfer are used, depending on the circumstances of the ...
Only a conveyance, as a separate legal act, can effect the transfer agreed to by contract between the parties. Scotland has an abstract property legal system, meaning the conveyance does rely on the causa of the transfer. [6] In Scots law the recognised causae traditionis for transfer of property are: loan for consumption , gift
Equitable conversion is a doctrine of the law of real property under which a purchaser of real property becomes the equitable owner of title to the property at the time he/she signs a contract binding him/her to purchase the land at a later date.
Dunne and Jones both also recommend alternating between one alcoholic beverage and one non-alcoholic drink (either a mocktail, water or some bubbly seltzer to keep things feeling festive).
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings.