A method of transferring property to a beneficiary and avoiding probate court as the transfer takes place immediately at time of death. … [Read more...] about TRANSFER ON DEATH
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TRANSIT VISA
A temporary visa which allows a passenger who is changing planes or ships or modes of transport to temporarily stay within the country for the sole purpose of completing one's travel to another foreign destination. … [Read more...] about TRANSIT VISA
TRANSFERABLE
A term used In a quasi legal sense to indicate that the character of assignability or negotiability attaches to the particular instrument or that it may pass from hand to hand carrying all rights of the original holder. The words "not transferable" are sometimes printed upon a ticket receipt or bill of lading to show that the same will not be good in the hands of any person … [Read more...] about TRANSFERABLE
TRANSITIVE COVENANT
See COVENANT … [Read more...] about TRANSITIVE COVENANT
TRANSFEREE
He to whom a transfer is made. … [Read more...] about TRANSFEREE