Glossary
The words behind your paperwork, in plain English
Securing a contract, getting it notarized, and recording it comes with a lot of jargon. Here are clear definitions of the terms that actually matter for your deal — and how Jurably handles each one for you.
Securing a contract
A sworn statement recorded alongside a memorandum attesting to notice given to the owner.
Transferring a buyer’s rights under a purchase contract to a third party for a fee.
Any recorded claim or document that raises a question about clear ownership of a property.
The legal presumption that the public is aware of anything properly recorded in the county records.
A deposit a buyer puts up to show they are serious about a purchase contract.
The ownership-style rights a buyer gains in a property the moment a purchase contract is signed.
A recorded notice that a lawsuit affecting title to a property is pending.
A short recorded notice that a real-property purchase contract exists, without disclosing its terms.
A recorded document announcing that a purchase contract exists — another name for a memorandum of contract.
Putting a property under contract and assigning that contract to an end buyer for a fee.
A court remedy ordering a party to actually complete a real-estate sale rather than pay damages.
Notarization
A notarial act confirming that a signer willingly executed a document.
A certificate that authenticates a notarized document for use in another country.
A notarial certificate in which the signer swears, under oath, that a document’s contents are true.
A commissioned notary who travels to a signer’s location to notarize in person.
A state-commissioned official who verifies identity and witnesses signatures on documents.
A document authorizing one person to act on another’s behalf — often requiring notarization.
Notarizing a document over live audio-video with a commissioned online notary.
A notary trained to walk signers through and notarize a package of documents, often for real estate.
A signature made by hand in ink on a physical document, as opposed to an electronic signature.
Recording
Submitting documents to a county recorder electronically instead of by mail or in person.
Title free enough of defects and clouds that a reasonable buyer would accept it.
A deed that transfers whatever interest the grantor has in a property, with no warranty of clear title.
A recorded document that removes a previously recorded lien or notice from a property’s title.
A deed in which the seller guarantees clear, marketable title to the buyer.