|
madisoncountyclerk.us
|
0 earned Badges No badges were found
Definitions (16)
1 |
0
0
bail bond
A written promise signed by a defendant or a surety (one who promises to act in place of another to pay an amount fixed) by a court should the defendant named in the document fail to appear in court for the designated criminal proceeding at the date and time specified.
Meaning awaits approval from a moderator |
2 |
0
0
certificate of assumed name
Any individual or entity that conducts business under an assumed name must file a certificate of assumed name.
Meaning awaits approval from a moderator |
3 |
0
0
deed
Legal document(instrument) by which an assetowner(the grantor) transfershis or her rightof ownership(title) in an asset to another party(the grantee).
Meaning awaits approval from a moderator |
4 |
0
0
easement
An easement is a non-possessory right to use and/or enter onto the real propertyof another without possessing it.
Meaning awaits approval from a moderator |
5 |
0
0
fixture filing
Pursuant to the Uniform Commercial Code, the term "Fixture filing" means the filing of a financing statement covering goods that are or are to become fixtures.
Meaning awaits approval from a moderator |
6 |
0
0
judgment lien
A judgment lien is a type of nonconsensual lien (a lien that attaches to your property without your agreement). It is created when someone wins a law suit against you and then records the judgment against your property.
Meaning awaits approval from a moderator |
7 |
0
0
land contract
An agreement between a buyer and seller of property in which the buyer makes payments toward full ownership (as with a mortgage), but in a land contract, the title or deed is held by the owner until the full payment is made.
Meaning awaits approval from a moderator |
8 |
0
0
lis pendens
A lis pendens is a written notice that a lawsuit has been filed concerning real estate, involving either the title to the property or a claimed ownership interest in it.
Meaning awaits approval from a moderator |
9 |
0
0
mechanics lien
A mechanic's lien is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property.
Meaning awaits approval from a moderator |
10 |
0
0
mortgage
A loan for the purchase of real property, secured by a lien on the property.
Meaning awaits approval from a moderator |
To view all 16 definitions, please sign in.