North Carolina General Statutes > Chapter 35A > Article 15 – Mortgage or Sale of Estates Held by the Entireties
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Terms Used In North Carolina General Statutes > Chapter 35A > Article 15 - Mortgage or Sale of Estates Held by the Entireties
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- property: shall include all property, both real and personal. See North Carolina General Statutes 12-3