A warranty deed is a legal document used in real estate transactions where the grantor (seller) guarantees clear title to the property being sold. It assures the grantee (buyer) that the property is free from any liens, encumbrances, or...
PROPERTY
waste
In a legal context, waste refers to the misuse, destruction, alteration, or neglect of real property by someone who holds an interest in it, such as a tenant or life tenant, without the consent of the other owners or parties with an interest...
whiteacre
Whiteacre is a fictional plot of land often used by legal scholars in discussions of real property law.
See also: blackacre
[Last updated in July of 2024 by the Wex Definitions Team]
widow
According to 17 USC § 101 a widow is a person whose spouse died during their marriage and has not since remarried. Also known as a surviving spouse.
[Last updated in March of 2022 by the Wex Definitions Team]
widow's election
See: elective share
[Last updated in July of 2024 by the Wex Definitions Team]
wildcard exemption
Wildcard exemption is one of a few exemptions the Federal government and state governments allow in bankruptcy that protects some of the debtor’s personal assets from creditors. In Federal bankruptcy and in states where the wildcard exemption...
will
A will is a legal document that states a testator’s wishes and instructions for managing and distributing their estate after death. In contrast, intestate succession is passing the property of the decedent according to the State’s intestacy...
will substitutes
Will substitutes are methods used instead of a will to transfer one’s property/assets upon their death. Will substitutes are different from regular wills because the title of the asset transfers to the death beneficiary at any point,...
WIPO Copyright and Performances and Phonograms Treaties Implementation Act
Title I of the Digital Millennium Copyright Act, the “WIPO Copyright and Performances and Phonograms Treaties Implementation Act of 1998” added Chapter 12, Copyright Protection and Management Systems, to the Copyright Act.
At the time of the DMCA...
words of procreation
Words of procreation are the language in a will or deed that indicates a transfer of property to one person and that person's descendants. Typically, the words are used as "to A and the heirs of his body," where A is the person who inherits...