0
What else can I help you with?
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 receivership?
receiver is someone appointed to whom is vested the legal right to receive property belonging to a company
What is the legal word for remove?
The legal term for remove is "evict." It refers to the legal process of forcing someone to leave a property.
Name a Legal term directed against property?
in rem
What does it mean when a house is in receivership?
When a house is in receivership, it means that a court has appointed a receiver to manage the property due to financial distress or legal issues, often related to foreclosure or bankruptcy. The receiver's role is to oversee the property's maintenance, collect rents, and ensure that the asset is preserved until the resolution of the legal proceedings. This process helps protect the interests of creditors and can provide a pathway for potential sale or restructuring of the property's ownership.
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.
What the term that refers to slaves that do not have the right to own property.?
The term that refers to slaves that do not have the right to own property is chattel slavery. Chattel slaves are considered property themselves and have no legal rights to own assets or possessions.
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.
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.
What is a homophone for lean?
A homophone for "lean" is "lien," which is a legal term meaning a claim or right to property.
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.
