Tag: Notices
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Note
A brief memorandum; a writing usually brief. Also an abbreviation for a promissory note. A written obligation to pay moneys; a written paper acknowledging a debt and promising payment. A promise other than a certificate of deposit.-See ̤̉3-104 of U.C.C.; also see Negotiable instrument.
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Notice of Action
Notice required to be given to public authorities of actions it was intended to bring against them. Practically abolished by the Public Authorities Protection Act, 1893…
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Notice to Quit
A notice of termination of a tenancy given by a lessor to a lessee . Simply a notice given privately by one party to another terminating or attempting to terminate a landlord – tenant relationship. Not the equivalent of a court process . See Fisher v Packwood Inc., 213 A.2d 757.
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Notice of Cessation
Concept of Notice of Cessation in the context of Real Property A short definition of Notice of Cessation: A notice stating that work has stopped on a construction project. Done to accelerate the period for filing a mechanic’s lien.
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Notice of Default
Concept of Notice of Default in the context of Real Property A short definition of Notice of Default: A notice filed to show that the borrower under a mortgage or deed of trust is in default (behind on payments).
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Notice of Completion
Concept of Notice of Completion in the context of Real Property A short definition of Notice of Completion: A notice, recorded to show that a construction job is finished. The length of time in which mechanic’s liens may be filed depends upon when and if a notice of completion is recorded.
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Notice of Recision
Concept of Notice of Recision in the context of Real Property A short definition of Notice of Recision: A recorded notice to rescind a notice of default of a mortgage or deed of trust.
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Notice of Nonresponsibility
Concept of Notice of Nonresponsibility in the context of Real Property A short definition of Notice of Nonresponsibility: A notice filed by an owner of property to show that work being done has not been contracted for by said owner. If properly done, mechanic’s liens will not attach to the […]