WORDS, PHRASES & DEFINITIONS
Look for words, Phrases & Definitions in Alphabetical Order:
Facsimile - An exact and precise copy.
False Personation - Assuming, without authority, the identity of another person for fraudulent purposes.
Fee - An estate of inheritance in real property.
Fee Simple - Absolute ownership; a fee without limitation.
Fee Simple Absolute - The largest recognized estate in land; a title without limitation or end.
Fee Simple Defeasible - A fee simple estate subject to being defeated, annulled, or revoked.
Feme Sole - An unmarried woman.
Feme Covert - A married woman.
Fictitious - False, feigned, pretended.
Fictitious Deed of Trust - A recorded deed of trust containing general terms and provisions but naming no parties and describing no property; it is used for reference only.
Fictitious Name - A name adopted for business purposes other than the true name of owner.
Fiduciary - One who holds a position of trust and confidence requiring scrupulous good faith and candor. For example, a trustee of a trust is a fiduciary.
Final Decree - A judicial decision finally disposing of a matter or cause.
Financing Statement - A personal property security instrument replacing a chattel mortgage upon adoption of Uniform Commercial Code.
Fissionable Material - Material capable of division into parts.
Fixture - Property originally personal in character but intended to be a part of the real property to which affixed.
Foreclosure - Enforcement of a lien by sale of property given as security.
Foreclosure Sale - The sale of property given as security to secure performance of an obligation.
Forfeiture - The loss of a right, title, or interest in property as consequence of a default under an obligation.
Franchise - A special privilege conferred by government or, a contractual right to engage in a business under trade name owned by another.
Freehold - An estate in land of uncertain duration. For example, a fee simple absolute or a life estate.
Future Advance Clause - Provision for lender's future disbursements to be also secured by a security instrument previously executed.
Future Interest - An estate in real property entitling owner to possession and enjoyment on a future date. For example, a remainder is a future interest.
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