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Home » Law Dictionary » P » PERFECT

PERFECT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

1. Something complete. 2. This term is applied to obligations in order to distinguish those which may be enforced by law, which are called perfect, from those which cannot be so enforced, which are said to be imperfect. 3. To complete all the legal requirements in order to accomplish some legal result, typically used referring to a lien, perfecting a lien, which is accomplished by filing a lawsuit, obtaining a judgment and then filing that judgment with the county clerk.

Law Dictionary – Alternative Legal Definition

Complete; finished; executed; enforceable. Perfect condition. In a statement of the rule that, when two claims exist in “perfect condition” between two persons, either may insist on a set-on, this term means that state of a demand when it is of right demandable by its terms. Taylor v. New York, 82 N. Y. 17. Perfect instrument. An instrument such as a deed or mortgage is said to become perfect when recorded (or registered) or filed for record, because it then becomes good as to all the world. See Wilkins v. McCorkie, 112 Tenn. 088, 80 S. W. 834. Perfect trust. An executed trust, (9. v.) As to perfect “Equity,” “Machine,” “Obligation,” “Ownership,” “Title,” and “Usufruct,” see those titles.

Related Posts:

  • COMPLETE
  • ABSOLUTE
  • JUS AD REM
  • PLENARY
  • ABSTRACT OF JUDGMENT
  • USUFRUCT

Filed Under: P

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