Types Of Clauses In Real Estate In Santa Clara
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Substitute Trustee means a person appointed by the current mortgagee or mortgage servicer under the terms of the security instrument to exercise the power of sale.
A substitution may be accomplished, with respect to multiple deeds of trust that are recorded in the same county in which the substitution is being recorded and that all have the same trustee and beneficiary or beneficiaries, by recording a single document, complying with the requirements of this section, substituting ...
Facilities for researching official records and maps are available at the Santa Clara County Clerk-Recorder's office main office. Note that document contents may only be viewed at the main office, not on-line.
Buying or selling a property is complex enough, but when there's an occupancy clause attached, the legal process can become even more intricate. Occupancy clauses, often placed on rural or specialized properties, restrict who can live or work on the property, typically to support local community needs.
A clause is a group of words that contains both a subject and a predicate. Charlie runs. There's a subject; there's a predicate. It's a clause. Charlie eats a shoe.
Acceleration Clause Acceleration clauses are typically found in a trust deed or mortgage that specifies the total debt amount is due immediately in cases when the borrower breaks or defaults on the terms specified in their contract.
The habendum clause is a clause in deed or lease contracts that defines the lessee's rights, types of interest, and other details of ownership. Consisting of basic legal language, they are included in real estate and mineral rights agreements to provide a clear understanding of the contractual terms.
These include indemnification, force majeure, copyright, termination, warranties and disclaimers, and privacy. Without including these important clauses in your business contracts, you may find yourself facing exorbitant legal fees, legal battles that could last for years, and intellectual property theft.
In real estate contracts, there are contract clauses that outline the terms of the agreement and responsibilities of each party. The contract clauses address all aspects of the sale terms and are legally binding once both parties sign the document.
In real estate contracts, there are contract clauses that outline the terms of the agreement and responsibilities of each party. The contract clauses address all aspects of the sale terms and are legally binding once both parties sign the document.
