The Opening Paragraph of a Deed Is Called The

question 18

Multiple Choice

The opening paragraph of a deed is called the:

• A) premises clause
• B) reddendum clause
• C) granting clause

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Definitions:

Contract

A legally binding agreement between two or more parties that outlines mutual obligations.

Creditor

An individual or institution that lends money or extends credit to another, with the expectation of being repaid.

Donee

An individual or entity that receives a gift or donation.

Vested

Having a secured right or interest in a property, benefit, or privilege that is not subject to being taken away.