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An open policy is one in which the amount of the interest of the insured is not fixed by the policy, and is to be ascertained in case of loss. Vide Policy. … [Read more...] about OPEN POLICY

in a deed or lease, are the words which effect the transaction Intended to be consummated by the instrument . … [Read more...] about OPERATIVE WORDS

adj. Patent; visible; apparent; notorious; not clandestine; not closed, set tied, fixed, or terminated. Open bulk. In the mass; exposed to view; not tied or sealed up. In re Sanders (C. CA 52 Fed. 802, 18 L. R. A. 549. Open court. This term may mean either a court which has been formally convened and declared open for the transaction of its proper judicial business, or a court … [Read more...] about OPEN(ADJ.)

Latin: In the civil law. A protest or warning against [of] a new work. Dig. 39, L … [Read more...] about OPERIS NOVI NUNTIATIO

This rule signifies that an instrument originally intended as a mortgage, and not a deed, cannot be converted into anything else than a mortgage by any subsequent clause or agreement. Once a recompense, always a recompense. 19 Vin. Abr. 277. … [Read more...] about ONCE A MORTGAGE, ALWAYS A MORTGAGE