Glossary Term: FICTITIOUS INSTRUMENT

FICTITIOUS INSTRUMENT

An instrument (usually a mortgage or deed of trust) which is recorded not on specific property but to be incorporated by reference into future mortgages or deeds of trust. This is done by reference to the recording information of the fictitious instrument in the instrument recorded against specific property. This shortens the latter instrument and thereby cuts costs of printing, paper, recording, etc. The fictitious instrument contains general language applicable to any specific property.

카카오톡 상담
재오픈 안내

안녕하세요. 카카오톡 상담 기능이 다시 정상적으로 작동되어 다시 오픈 되었습니다. 궁금하신 점이 있으시면 언제든지 여기 카카오톡 채널을 통해 연락주세요. 항상 감사합니다.

카카오톡 채널 채팅하기 버튼