Glossary   

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  • Abatement of nuisance - Termination or elimination of a nuisance
  • Abstract - Brief summary
  • Abstract of Judgment - Summary of essential provisions of a money judgment. When recorded, it creates a general lien on real property of the judgment debtor in the count in which the abstract is recorded.
  • Abstract of title - Summary of the condition of title based on examination of public records.
  • Abutting - Touching or bordering a street or highway.
  • Acceleration clause - Clause commonly used in installment notes that permits the payee to declare the entire unpaid balance immediately due on default in payment. Such a clause contained in a note secured by deed of trust is subject to a statutory right of reinstatement. See also alienation clause; due-on-sale clause.
  • Access right - Landowner's right to have ingress to and egress from his property to a public street.
  • Accession - Addition to property by natural increase or growth; also, by installation of improvements.
  • Accommodation party - Person who, to permit another person to obtain credit, signs a note without receiving value.
  • Accretion - Increase of land on a shore or riverbank by gradual deposit of sand or soil by action of the water.
  • Acknowledgment - Declaration by the party executing an instrument that it is his act and deed. It is usually made before a notary public.
  • Action in personam - Court action that seeks a judgment against the person as distinguished from a judgment against the property, e.g. an action of money against the maker of an unsecured note.
  • Action in rem - Court action that seeks a judgment against property, e.g. an action to quiet title to real property.
  • Actual notice - Notice a party receives in fact or in realty, as compared with constructive notice (implied or inferred).
  • Ad litem - During the pendency of a court action or proceeding, e.g., a guardian ad litem.

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