Method of acquiring property, usually real property, through the laws of descent and distribution from a decedent without the use of a will.
Inheritance refers to the process of acquiring property, assets, or obligations from an individual who passed away, often via a will or through legal operation.
An insurable title is a title to real estate that a title insurance company agrees to insure, signifying it is free from significant defects that could result in financial losses to the owner or lender.
An evaluation of a site, prior to acquisition of title to the property, for the existence of hazardous waste. This assessment is crucial under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA), as amended by the Superfund Amendments and Reauthorization Act of 1986 (SARA).
Statutory Foreclosure, also known as non-judicial foreclosure, is a legal process by which a lender can foreclose on a property without court intervention, authorized by state statutes.
