Term for Identification:  Grain Elevators​

question 22

Short Answer

Term for identification:  grain elevators​

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Definitions:

Involuntary Transfer

A change in the ownership of an asset, property, or right without the consent of its owner, often due to legal actions or corporate issues.

Adverse Possession

A way of acquiring title to real property by occupying it in an open and hostile manner for a statutory period.

Quitclaim Deed

A legal instrument used to transfer interest in real property from one person or entity to another, without any warranty of title.

Warranty of Title

A guarantee in a sales contract that the seller has the legal right to transfer ownership and that there are no undisclosed liens or encumbrances on the property being sold.