Main Street Bank believes that it has a recorded mortgage on property from Dawn Sellers. Due to lack of organization at the bank, it cannot find either an original or a copy of the mortgage. Main Street hires a law firm to search title to see if the mortgage has been recorded. Would it be easier for the firm to search the Bank’s name in the grantee index or Dawn’s name in the grantor index?
Fill in the blank(s) with the appropriate word(s).
It would be easier to locate the recorded mortgage by checking Dawn Summers name in the grantor index. Dawn probably has granted few mortgages therefore reducing the amount of search time needed. Although you could find the mortgage by searching Main Street Bank's name in the grantee index, the search may be more complicated. If Main Street is active in making mortgages, several entries will be found under its name and each entry would need to be reviewed to find the mortgage.
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Define ademption and provide a mini case study and discuss how this case of ademption could have been prevented.
What will be an ideal response?
According to Ben Franklin two things in life are certain: death and _________.
Fill in the blank(s) with the appropriate word(s).
The toxic tort case being handled by Jack Parsons' firm has finally begun. When settlement negotiations broke down, the complaint was filed in federal district court. Jack is anticipating vast quantities of electronic documents to be produced by both sides. On the plaintiff side, there are volumes of medical records documenting the illnesses, along with toxicology studies about the chemicals at
issue. The defendant chemical company is a Fortune 500 firm, and is expected to have thousands of electronic documents that could be potentially related to the litigation. A "meet-and-confer" conference has been scheduled. What is supposed to occur at the conference? How should Jack prepare for this meeting? What will be an ideal response?
A sleepwalker who commits a crime may be able to avoid criminal liability by claiming that it was an involuntary act and the law requires that the criminal act be voluntary.
Answer the following statement true (T) or false (F)