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Bailee
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∙ 14y ago
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What is receivership?
receiver is someone appointed to whom is vested the legal right to receive property belonging to a company
Name a Legal term directed against property?
in rem
Which of these is a legal term that describes the property a person owns?
Ownership is the legal term that describes the property a person possesses.
What is the definition of the legal term liens?
The legal term liens is a real estate term that means the owner of a property has a charge placed on it in an attempt of the another party trying to securing the debt owed to them.
Where can one learn more about foreclosed property?
Foreclosed property is a legal term for when a lender tries to get their outstanding loan paid. The property owner defaults on payments so the property needs to be recovered.
Which term is defined as a legal process in which mortaged property is sold to pay the loan of the defaulting borrower?
foreclosure
Which term is defined as legal process in which mortgaged property is sold to pay the loan of the defaulting borrower?
Auction.
What is the grantee in real estate transaction?
The grantee is the receiver of the property. The grantor is the owner who transfers their interest to the new owner- the grantee.The grantee is the receiver of the property. The grantor is the owner who transfers their interest to the new owner- the grantee.The grantee is the receiver of the property. The grantor is the owner who transfers their interest to the new owner- the grantee.The grantee is the receiver of the property. The grantor is the owner who transfers their interest to the new owner- the grantee.
Can you have your name on the deed of a property that you are only living in?
Yes. If the legal owner transfers the property to you by their deed.Yes. If the legal owner transfers the property to you by their deed.Yes. If the legal owner transfers the property to you by their deed.Yes. If the legal owner transfers the property to you by their deed.
What is the legal term for thing?
The word you seek is 'res':Noun-Latin The thing. The subject of the matter-that is, a legal action concerning an object or property, rather than a person.
What does the term title insurance mean?
The term title insurance means insurance that covers the loss of an interest in a property due to legal defects and that is required if the property is under mortgage. Most title insurance is lender's title insurance.
What is a property conveyance?
In law, a property conveyance 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 an easement right in land.In law, a property conveyance 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 an easement right in land.In law, a property conveyance 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 an easement right in land.In law, a property conveyance 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 an easement right in land.
