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Restrictive Covenant Restrictive Covenant
RESTRICTIVE COVENANT A provision in a deed limiting the use of the property and prohibiting certain uses. A clause in contracts of partnership and employment prohibiting a contracting party from engaging in similar employment for a specified period of time within a certain geographical area. A... Read more
trust trust
trust in law, arrangement whereby property legally owned by one person is administered for the benefit of another. Three parties are ordinarily needed for the relation to arise: the settlor, who bequeaths or deeds the property for another's benefit; the trustee, in whose hands the control of the... Read more
Mene Mene Tekel Upharsin Mene Mene Tekel Upharsin
Mene Mene, Tekel, Upharsin , in the Bible, the mysterious riddle written by a hand on the wall at Belshazzar's feast. These Aramaic words may be translated literally as, "It has been counted and counted, weighed and divided." Daniel interpreted this to mean that the king's deeds had been weighed... Read more
Pali canon Pali canon
Pali canon , sacred literature of Buddhism . The texts in the Pali canon are the earliest Buddhist sources, and for Theravada Buddhists, who claim to conserve the original teachings of the Buddha, they are still the most authoritative sacred texts. Pali, the language in which the canon is written,... Read more
Warranty Deed Warranty Deed
WARRANTY DEED An instrument that transfers real property from one person to another and in which the grantor promises that title is good and clear of any claims. A deed is a written instrument that transfers the title of property from one person to another. Although many types of deeds exist,... Read more
Escrow Escrow
ESCROW Something of value, such as a deed, stock, money, or written instrument, that is put into the custody of a third person by its owner, a grantor, an obligor, or a promisor, to be retained until the occurrence of a contingency or performance of a condition. An escrow also refers to a writing... Read more
deed deed
deed in law, written document that is signed and delivered by which one person conveys land or other realty (see property ) to another. A deed may assure the extent of the conveying party's ownership or, if the party is uncertain of the precise extent, he issues a quitclaim (i.e., a sale), without... Read more
title title
title in law, the means by which the owner has just and legal possession of his or her property. It is distinct from the document (e.g., a deed) that is evidence of the title. Title can be lost or acquired only by the methods established by law, that is, by inheritance or by purchase. Several... Read more
coup coup
coup [Fr.,=blow], among Native North Americans of the Plains culture, a war honor, awarded for striking an enemy in such a way that it was considered an extreme act of bravery. Generally, coups were awarded according to the degree of difficulty and danger involved; the most extreme, such as... Read more
entail entail
entail in law, restriction of inheritance to a limited class of descendants for at least several generations. The object of entail is to preserve large estates in land from the disintegration that is caused by equal inheritance by all the heirs and by the ordinary right of free alienation... Read more

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