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Simple English definitions for legal terms
recordal
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A quick definition of recordal:
Recordal: The act of recording an important document, like a deed or mortgage, in a public registry. This helps to protect a person's ownership of the property and makes it harder for someone else to claim it later. The process is called recordation and it depends on the laws in place to determine how effective it is.
A more thorough explanation:
Definition: Recordal is the act of recording an instrument, such as a deed or mortgage, in a public registry. This process is also known as recordation.
For example, when someone buys a house and takes out a mortgage, the mortgage is recorded in a public registry through recordal. This helps to protect the buyer's interest in the property against any future claims or disputes.
Recordal is important because it helps to establish legal ownership and prevent fraud. By recording important documents in a public registry, it becomes easier to track the history of a property and ensure that all parties involved are aware of any existing claims or liens.