83,240
edits
Full title guarantee: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 17: | Line 17: | ||
*The transfer is free from all charges, encumbrances and adverse rights, other than those the seller could not reasonably be expected to know about (section 3(1)). | *The transfer is free from all charges, encumbrances and adverse rights, other than those the seller could not reasonably be expected to know about (section 3(1)). | ||
That latter representation makes “[[full title guarantee]]” an odd thing to say in the context of cleared [[Security|securities]], where interests are transferred subject to [[clearing system]] [[lien|liens]] (and actual legal title is held by the bearer of a [[global security]]). | That latter representation makes “[[full title guarantee]]” an odd thing to say in the context of cleared [[Security|securities]], where interests are transferred subject to [[clearing system]] [[lien|liens]] (and actual legal title is held by the [[bearer security|bearer]] of a [[global security]]). | ||
It’s also not really much to do with {{tag|guarantee}}s generally, which are a topic of no small gruelling exactitude, should that be your kind of thing. | It’s also not really much to do with {{tag|guarantee}}s generally, which are a topic of no small gruelling exactitude, should that be your kind of thing. | ||