![]() All people are charged with knowledge of such documents and their contents, whether or not they have actually examined them.ĬOVENANT: A written agreement between two or more parties in which a party or parties pledges to perform or not perform specified acts with regard to property usually found in such real estate documents as deeds, mortgages, leases, and land contracts.ĬONVEYANCE: A written instrument which evidences a transaction in which any interest in land is created, alienated, mortgaged, assigned or "otherwise affected in law or in equity". Each condominium owner has an undivided ownership interest in the common elements.ĬONDEMNATION: A judicial or administrative proceeding to exercise the power of eminent domain, through which a government agency takes private property for public use and compensates the owner.ĬONDOMINIUM: The absolute ownership of an apartment or a unit (generally in a multi-unit building) based on a legal description of the airspace the unit actually occupies, plus an undivided interest in the ownership of the common elements, which are owned jointly with the other condominium unit owners.ĬONSIDERATION: That which is received by the grantor in exchange for his or her deed.ĬONSTRUCTIVE NOTICE: Notice given to the world by recorded documents regarding interests and rights in real estate. Because Registers of Deeds are empowered by law to acknowledge documents, a working knowledge of these sections is important.ĪTTACHMENT: The act of taking a person’s property into legal custody by writ or person’s debt to a creditor.ĬERTIFIED COPY: A document copy certified by the official records authority who has affixed his/her certification and seal to the copy.ĬHAIN OF TITLE: The succession of conveyances, from some accepted starting point, whereby the present holder of real property derives his or her title.ĬHATTEL: Moveable items considered to be personal property and not real property.ĬLOUD ON THE TITLE: Any document, claim, unreleased lien, or encumbrance that may impair the title to real property or make the title doubtful, usually revealed by a title search and removed by either a quit claim deed or suit to quiet title.ĬOMMON ELEMENTS: Parts of a property that are necessary or convenient to the existence, maintenance, and safety of a condominium, or are normally in common use by all of the condominium residents. How authentication may take place is set out in ss. An attorney may authenticate a signature on a legal document. In most cases, the signatures on documents must be authenticated or acknowledged before the Register may accept them. Because registers of deeds are empowered by law to acknowledge documents, a working knowledge of these sections is important.ĪPPRAISAL: The process through which conclusions of property value are obtained also refers to the report that sets forth the process of estimation and conclusion of value.ĪSSESSMENT: The imposition of a tax, charge, or levy, usually according to established rates.ĪSSIGNMENT: The transfer in writing of interest in a bond, mortgage, lease, or other instrument.ĪSSUMPTION OF MORTGAGE: Acquiring title to property on which there is an existing mortgage and agreeing to be personally liable for the terms and conditions of the mortgage, including payments.ĪUTHENTICATION: The process of establishing the fact that each signature on an instrument is genuine. An acknowledgment is a type of authentication often performed by a notary public. In most cases, the signatures on documents must be authenticated or acknowledged before the register may accept them. The process of establishing the fact that each signature on an instrument is genuine. ![]() ![]() The following section is definitions for terms used in the register of deeds office.
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