property law

realty

Definition from Nolo’s Plain-English Law DictionarySee: real estate

Definition provided by Nolo’s Plain-English Law Dictionary.

receipt

Definition from Nolo’s Plain-English Law DictionaryA written and signed acknowledgement by the recipient of payment for goods, money in payment of a debt, or receiving assets from the estate of someone who has died.

Definition provided by Nolo’s Plain-...

record

Definition from Nolo’s Plain-English Law Dictionary1) To file a copy of a deed or other document concerning real estate with the land records office (often called the county recorder, registry of deeds, or something similar) for the county in which the...

Record owner

A property owner whose name appears on the title. The term commonly refers to brokers who hold legal title to shares but pass the voting rights, profits, and losses on to the beneficial owners.

See Legal owner.

Recording act

A law regulating the recording of deeds and other interests in property. A recording act also determines priority between parties claiming interests in the same property.

See Race statute, Notice statute, and Race-notice statute (three major...

recording acts

Definition from Nolo’s Plain-English Law DictionaryState statutes that establish a system to keep records of land ownership in an office in each county, commonly called the county recorder, register of deeds, or recorder of deeds.The laws provide for the...

Recording statute

See Recording act.

Register of Deeds

Definition from Nolo’s Plain-English Law DictionaryA county government office where you file documents in the public records. Most register of deeds offices record documents related to real estate, including deeds, land contracts, mortgages, liens, and...

registry of deeds

Definition from Nolo’s Plain-English Law DictionarySee: Register of Deeds

Definition provided by Nolo’s Plain-English Law Dictionary.

remainder

A future estate, possession of which will not be taken until the end of a current estate.

Example. O grants Blackacre from A to B for life, and then to C. B has a life estate (present estate), and C has a remainder (future estate).

See:...

Pages