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  2. Torrens title - Wikipedia

    en.wikipedia.org/wiki/Torrens_title

    Property law. Torrens title is a land registration and land transfer system, in which a state creates and maintains a register of land holdings, which serves as the conclusive evidence (termed "indefeasibility") of title of the person recorded on the register as the proprietor (owner), and of all other interests recorded on the register.

  3. Contract Buyers League - Wikipedia

    en.wikipedia.org/wiki/Contract_Buyers_League

    The Contract Buyers League (CBL) was a grassroots organization formed in 1968 by residents of North Lawndale, a Chicago, Illinois community. [ 1] The CBL was founded in order to address the exploitative practices of predatory land contracts in African American communities. The organization played a significant role in raising awareness about ...

  4. Covenant (law) - Wikipedia

    en.wikipedia.org/wiki/Covenant_(law)

    t. e. A covenant, in its most general sense and historical sense, is a solemn promise to engage in or refrain from a specified action. Under historical English common law, a covenant was distinguished from an ordinary contract by the presence of a seal. [1] Because the presence of a seal indicated an unusual solemnity in the promises made in a ...

  5. What is a deed in lieu of foreclosure? - AOL

    www.aol.com/finance/deed-lieu-foreclosure...

    A deed in lieu is generally a last resort by a homeowner to avoid foreclosure. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...

  6. Purchase and sale agreement - Wikipedia

    en.wikipedia.org/wiki/Purchase_and_Sale_Agreement

    A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets. The person, company, or other legal entity acquiring, receiving, and purchasing the property, stock, or ...

  7. Adjudication - Wikipedia

    en.wikipedia.org/wiki/Adjudication

    Adjudication may be defined as "the legal process of resolving a dispute. The formal giving or pronouncing of a judgment or decree in a court proceeding; also the judgment or decision given. The entry of a decree by a court in respect to the parties in a case. It implies a hearing by a court, after notice, of legal evidence on the factual issue ...

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