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Simple English definitions for legal terms
sursum redditio
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A quick definition of sursum redditio:
Term: SURSUM REDDITIO
Definition: Sursum redditio is a legal term that refers to the mutual agreement between two parties to surrender an estate. This means that both parties agree to give up their rights to the property.
A more thorough explanation:
Definition: Sursum redditio is a legal term in Latin that refers to the surrender of an estate by mutual agreement in conveyancing.
Example 1: John and Jane own a property together. They both agree to surrender their ownership of the property to a new buyer. This surrender of the estate is known as sursum redditio.
Example 2: In a divorce settlement, one spouse may agree to surrender their ownership of a property to the other spouse. This surrender is also considered sursum redditio.
These examples illustrate how sursum redditio is used in legal situations where there is a mutual agreement to surrender ownership of a property. It is a formal process that is often used in conveyancing to transfer ownership from one party to another.