Juridical Dictionary

This dictionary contains:
8526
juridical terms

Warranty deed




Warranty deed

A deed which guarantees that the title conveyed is good and its transfer rightful.

RELATED TERMS
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Deed
Only in relatively rare circumstances is a deed required to complete a transaction. In a commercial situation the most common use is where a variation or concession is made without the other party giving anything in return. A deed is enforceable regardless of the legal requirements for contracts such as the need for consideration. Where a deed is necessary, there are special requirements for a company wishing to enter into such an arrangement which may either involve use of the company or the signature of two directors or a director and a company secretary.

Guarantees
A guarantor undertakes that he will repay a debt incurred by another person or company to a bank or other creditor and the bank or other creditor can require him to pay the outstanding amount if that person cannot or will not pay their indebtedness. Proprietors and directors of companies are often asked to give personal guarantees for their company's borrowings to provide additional security.

Title
1) Estates. A title is defined by Lord Coke to be the means whereby the owner of lands hath the just possession of his property. 2) Legislation That part of an act of the legislature by which it is known, and distinguished from other acts the name of the act. 3) Rights. The name of a newwpaper a book, and the like.

Transfer
Contracts The act by which the owner of a thing delivers it to another person, with the intent of passing the rights which he has in it to the latter.



SIMILAR TERMS
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Warrandice
Scotch law. A clause in a charter of heritable rights by which the grantor obliges himself, that the right conveyed shall be effectual to the receiver. It is either personal or real. A warranty.

Warrant
Most commonly, a court order authorizing law enforcement officers to make an arrest or conduct a search. An application seeking a warrant must be accompanied by an affidavit which establishes probable cause by detailing the facts upon which the request is based.

Warrant of escape
A warrant issued in England against a person who being charged in custody in the king's bench or Fleet prison, in execution or mesne process, escapes and goes at large.

Warrantee
One to whom a warranty is made.

Warrantia chartae
An ancient and now obsolete writ, which was issued when a man was enfeoffed of land with warranty, and then he was sued or impleaded in assize or other action, in which he could not vouch or call to warranty

Warrantor
One who makes a warranty.

Warranty
A guarantee given on the performance of a product or the doing of a certain thing. For example, many consumer products come with warranties under which the manufacturer will repair or replace any product that fails during the warranty period; the commitment to repair or replace being the "warranty".



PREVIOUS AND NEXT TERMS
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Warrant of escape
A warrant issued in England against a person who being charged in custody in the king's bench or Fleet prison, in execution or mesne process, escapes and goes at large.

Warrantee
One to whom a warranty is made.

Warrantia chartae
An ancient and now obsolete writ, which was issued when a man was enfeoffed of land with warranty, and then he was sued or impleaded in assize or other action, in which he could not vouch or call to warranty

Warrantor
One who makes a warranty.

Warranty
A guarantee given on the performance of a product or the doing of a certain thing. For example, many consumer products come with warranties under which the manufacturer will repair or replace any product that fails during the warranty period; the commitment to repair or replace being the "warranty".

Warranty deed

Waste
The abuse, destruction or permanent change to property by one who is merely in possesion of it as in the case of a tenant or a life tenant.

Waste book
Comercial law. A book used among merchants. All the dealings of the merchant are recorded in this book in chronological order as they occur

Watch
1) Police.To watch is, properly speaking, to stand sentry and attend guard during the night time: certain officers called watchmen are appointed in most of the United States, whose duty it is to arrest all persons who are violating the law, or breaking the peace. 2) Watch and ward A phrase used in the English law, to denote the superinten-dence and care of certain officers, whose duties are to protect the public from harm.

Watchman
An officer in many cities and towns, whose duty it is to watch during the night and take care of the property of the inhabitants.

Water
1) That liquid substance of which the sea, the rivers, and creeks are composed. 2) A pool of water, or a stream or water course, is considered as part of the land, hence a pool of twenty acres, would pass by the grant of twenty acres of land, without mentioning the water. 3) Like land, water is distinguishable into different parts, as the sea, rivers, docks, canals, ponds and sewers, and to these may be added at water course

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This dictionary contains 8526 terms.







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