The Articles of Association is a legal document that defines a company's regulations, governance, and the rights, duties, and responsibilities of its members (shareholders) and directors.
A statement made in a document certifying that the transaction concerned is not part of a larger transaction series that exceeds a certain monetary value, primarily used to determine stamp duty requirements.
A consent letter is a formal document included in a prospectus where an expert, such as a reporting accountant, consents to the issuance of the prospectus and acknowledges the inclusion of their report or any reference made to them.
Conveyance refers to the act of transferring the title of real estate property from one party to another. This term can also denote the medium or method used to effect such transfer.
A comprehensive examination of the term 'Draw' as it pertains to financial transactions, legal documentation, and the preparation of drafts.
Evidence of Title refers to documents that demonstrate ownership of property, such as deeds, which should be securely stored, such as in a bank vault. It is essential for property transactions and legal clarity.
A collection of rights of ownership that are defined or recognized by law or that could be successfully defended in a court of law.
The term 'of record' refers to the official recording of documents such as deeds or mortgages with the appropriate entity, as well as testimony recorded as the official transcript of a legal case. The 'attorney of record' is the officially designated lawyer for a party upon whom legal papers may be served.
Recording refers to the act of entering a transaction in a book of public records, particularly those affecting the title to real property. This process gives public notice of the facts recorded.
The Registry of Deeds is an officially maintained book that provides a place and mechanism for registering evidences of conveyances of interests in real property, so that constructive notice may be available to all third parties that there has been a change in the ownership of property effected by a conveyance of that property.
In common law, a seal is an impression on wax or another substance capable of being impressed, used to attest to the execution of an instrument. The term 'seal' and the letters 'L.S.' (locus sigilli, 'place of the seal') are commonly used for the same purpose today.
A specialized form of power of attorney that remains inactive until a specified event occurs, such as the incapacity or disability of the principal, at which point it becomes effective.
A tax waiver is a document issued by the state specifically stating that the tax department consents to the transfer of stock or real estate ownership. It is often needed to settle an estate or transfer property legally.
A title abstract, often referred to as an abstract of title, is a brief history of the ownership of a particular piece of real estate. It includes a summary of legal actions, claims, and other notations that might affect the property's ownership.
Documentation used to verify that minor employees meet legal age requirements for employment, ensuring compliance with child labor laws.
