Insurance And Real Estate Part I Fire Insurance By Edward R Hardy Part Ii R
Insurance And Real Estate Part I Fire Insurance By Edward R Hardy Part Ii R
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This was known as the Statute of Frauds, which is intended to guard against the frauds and uncertainties incident to the former method of trans- fer, and is the genesis of the modern instrument of con- veyance, known as a deed.
128. Definition of a deed, — In law every formal instrument under seal is a deed, whether it be a convey- ance of land or a conveyance of personalty or an instru- ment declaring trusts, therefore the use in the real estate business of the word "deed" as meaning the instr...ument of conveyance of land is too inclusive. On the other hand, in New York State and many other states in the Union, a conveyance of land need not be under seal, so the word "conveyance" is exactly inclusive of a con- veyance of land, because the conveyance may be under seal, in which case it is a deed ; or it may not be under seal, and still be effectual. However, in this discussion of the subject, the word "deed" will be used as in com- mon parlance, to mean a conveyance of real property effectual to transfer title, whether that instrument be under seal or not.
What to read after Insurance And Real Estate Part I Fire Insurance By Edward R Hardy Part Ii R?
You can find similar books in the "Read Also" column, or choose other free books by Edward Rochie Hardy to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
This was known as the Statute of Frauds, which is intended to guard against the frauds and uncertainties incident to the former method of trans- fer, and is the genesis of the modern instrument of con- veyance, known as a deed.
128. Definition of a deed, — In law every formal instrument under seal is a deed, whether it be a convey- ance of land or a conveyance of personalty or an instru- ment declaring trusts, therefore the use in the real estate business of the word "deed" as meaning the instr...ument of conveyance of land is too inclusive. On the other hand, in New York State and many other states in the Union, a conveyance of land need not be under seal, so the word "conveyance" is exactly inclusive of a con- veyance of land, because the conveyance may be under seal, in which case it is a deed ; or it may not be under seal, and still be effectual. However, in this discussion of the subject, the word "deed" will be used as in com- mon parlance, to mean a conveyance of real property effectual to transfer title, whether that instrument be under seal or not.
What to read after Insurance And Real Estate Part I Fire Insurance By Edward R Hardy Part Ii R?
You can find similar books in the "Read Also" column, or choose other free books by Edward Rochie Hardy to read onlineMoreLess
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