Examlex
Explain the differences between purchasing an asset and leasing an asset.
Effective Deed
A legal document that transfers ownership of real property and becomes valid once it is executed according to laws and delivered to the grantee.
Real Estate
Real estate, which encompasses the land, buildings situated on the land, and the inherent natural resources.
State Statute
A law enacted by the legislative body of a state government.
Quitclaim Deed
A legal document used to transfer interest, if any, in real property with no warranties regarding the title of the property.
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