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Simple English definitions for legal terms
wild deed
Read a random definition: establishment
A quick definition of wild deed:
A wild deed is a legal document that shows something has been done or carried out, like transferring ownership of land. It can also refer to a written instrument that is signed, sealed, and delivered to convey an interest in property. A deed can be absolute, meaning it conveys title without any conditions, or it can be a bargain-and-sale deed, which lacks any guarantee from the seller about the validity of the title. Other types of deeds include gift deeds, mortgage deeds, and mineral deeds. Overall, a deed is an important legal document that helps establish ownership and transfer of property.A more thorough explanation:
Definition: A wild deed is a written instrument that conveys some interest in property, but its validity is uncertain because it lacks proper execution or recording. It may also refer to a deed that is not connected to any chain of title or ownership.
Example: John claims to own a piece of land based on a wild deed that he found in his attic. The deed is not signed by the previous owner and was never recorded with the county clerk, so its authenticity is in question.
Explanation: This example illustrates how a wild deed can create uncertainty about ownership and title to property. Without proper execution and recording, a deed may not be legally binding or enforceable. Therefore, it is important to ensure that all deeds are properly executed, recorded, and connected to a chain of title to establish clear ownership and avoid disputes.