Difference Between Land Title And Indenture In Nassau
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What is the primary purpose of a bond indenture? To specify the bond's features and identify the issuer's sources of repayment. To provide a detailed history of the issuer's past financial performance.
Indenture. n. a type of real property deed in which two parties agree to continuing mutual obligations. One party may agree to maintain the property, while the other agrees to make periodic payments. 2) a contract binding one person to work for another.
A deed made between two or more parties who are not acting as one person. The word indenture originated in the days when the requisite number of copies of a deed would be engrossed onto a single piece of parchment, which would then be cut into individual deeds, with each party holding his own copy.
An indenture is a deed that establishes ongoing responsibilities between two parties in real estate.
The Indenture pledges certain revenues as security for repayment of the Bonds. The Trustee agrees to act on behalf of the holders of the Bonds and to represent their interests.
The term is used for any kind of deed executed by more than one party, in contrast to a deed poll which is made by one individual. In the case of bonds, the indenture shows the pledge, promises, representations and covenants of the issuing party.
A Land Title Certificate in Ghana is a crucial document in real estate transactions. It serves as the primary evidence of ownership of a piece of land.
In real estate, an indenture is a deed in which two parties agree to continuing obligations. For example, one party may agree to maintain a property and the other may agree to make payments on it.
