FOY

FOY(foy or fwah). [Law French] Faith; allegiance. – Black’s Law Dictionary 9th Edition | PAGE 728

ABORIGINAL TITLE

Aboriginal Title – “Land ownership, or a claim of land ownership, by an indigenous people in a place that has been colonized. – Also termed native title.” – Black’s Law Dictionary 9th Edition | PAGE 1622

FEE-SIMPLE

FEE-SIMPLE In English Law A freehold estate of inheritance, absolute and unqualified. It stands at the head of estates as the highest in dignity and the most ample in extent ; since every other kind of estate is derivable thereout, and mergeable therein. It may be enjoyed not only in land, but also in advowsons, C’ommons, estovers, and other hereditaments, as well as in personalty, as an annuity or dignity, and also in an upper chamber, though the lower buildings and soil belong to another. Wharton ; Co. Litt. 1 b ; 2 Bla. Comm. 106. In American Law An absolute or fee-simple estate is one in which the owner is entitled to the entire property, with unconditional power of disposition during his life, and descending to his heirs and legal representatives upon his death intestate. Code Ga. 1882, § 2246 (Civ. Code 1910, § 3657). And see Friedman v. Steiner, 107 Ill. 131 ; Woodberry v. … Read More

MORTGAGE

“mortgage (mor-gij), n. A conveyance of title to property that is given as security for the payment of a debt or the performance of a duty and that will become void upon payment or performance according to the stipulated terms. – Also termed (archaically) dead pledge.” – Black’s Law Dictionary 9th Edition | PAGE 1101

DEED

“DEED – A. sealed instrument, containing a contract or covenant, delivered by the party to be bound thereby, and accepted by the party to whom the contract or covenant runs. A writing containing a contract sealed and delivered to the party thereto. In its legal , sense, a “deed” is an instrument in writing, upon paper or parchment, between ,parties able to contract, subscribed, sealed, and delivered.” – Black’s Law Dictionary 2nd Edition | PAGE 341

TAX

“TAX, n. – Taxes are a ratable portion of the produce of the property and labor of the­ individual citizens, taken by the nation, in the exercise of its sovereign rights, for the support of government, for the administration of the laws, and as the means for continuing in operation the various legitimate functions of the state. In a general sense, a tax is any contribution imposed by government upon individuals, for the use and service of the state, whether under the name of toll, tribute, tallage, gabel, impost, duty, custom, excise, subsidy, aid, supply, or other name.” – Black’s Law Dictionary 2nd Edition | PAGE 1136-1137