An instrument or a deed which is valid and complete and becomes perfected upon being officially recorded.
Related Legal Terms & Definitions
- PERFECT 1. Something complete. 2. This term is applied to obligations in order to distinguish those…
- VALID Proper. Legitimate. Acceptable. Legal. Of binding force. A deed, will, or other instrument, which has…
- CANCELLATION Its general acceptation, is the act of crossing a writing; it is used sometimes to…
- RECORDING FEE The fee required to officially record an instrument, such as a deed with the property…
- BACKBOND In Scotch law. A deed attaching a qualification or condition to the terms of a…
- CERTIFICATE OF ACKNOWLEDGMENT The certificate of an authorized officer attached to a deed mortgage or other instrument setting…
- PERFECT TITLE Ownership and title that is free and clear from other claims and officially recorded.
- DEFEASANCE contracts, conveyancing. An instrument which defeats the force or operation of some other deed or…