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Revocable Trust Keyword Breakdown

The document provides definitions for key legal terms related to trusts and agreements. It defines terms like "grantee", "grantor", "consideration", "executed", and "fee simple" by summarizing their meanings as someone who receives a gift; someone who gives a gift; careful thought over something of value; fully carried out; and absolute ownership, respectively. The definitions are sourced from references coded red, orange, and green.

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100% found this document useful (2 votes)
244 views16 pages

Revocable Trust Keyword Breakdown

The document provides definitions for key legal terms related to trusts and agreements. It defines terms like "grantee", "grantor", "consideration", "executed", and "fee simple" by summarizing their meanings as someone who receives a gift; someone who gives a gift; careful thought over something of value; fully carried out; and absolute ownership, respectively. The definitions are sourced from references coded red, orange, and green.

Uploaded by

Minister
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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CLIFFORD TRUST KEYWORD BREAKDOWN ALPHBETICALLY

ACT AS AGENT:

RED: One who represents and acts for another under the contract or relation of agency
ORANGE: Agent: A person who acts for or represents another
GREEN: someone doing something for another under an agreement

AGREEMENT:

RED: The act of two or more persons, who unite in expressing a mutual and common purpose, with
the view of altering their rights and obligations.
- A mutual understanding between two or more persons about their relative rights and duties
regarding past or future performances.
ORANGE: an agreement, a promise or a contract made with somebody.
GREEN: Any arrangement between two or more per-sons, intended to affect their relations to each
other. All contracts are agreements, although not all agreements are contracts unless binding.

ANNEXED:

RED: Expresses the idea of joining a smaller more subordinate thing with another, larger or of
higher importance.
ORANGE: An added stipulation or statement; to join together materially
GREEN: Attaching one thing to another bigger thing permanently

APPOINTMENT:

RED: The exercise of a right to designate the person or persons who are to take the use of real
estate.
ORANGE: a formal arrangement to meet or visit somebody at a particular time, especially for a
reason connected with their work
GREEN: I pick you to do this

ARTICLE:

RED: A separate and distinct part of an instrument or writing comprising two or more particulars;
one of several things presented as connected or forming a whole.
ORANGE: a document setting forth the terms of an agreement
GREEN: a part of something/part 1 of something/chapter 1 of a story

ASSIGNMENT:

RED: A transfer or making over to another of the whole of any property, real or personal, in
possession or in action, or of any estate or right therein
ORANGE: A specified task or amount of work assigned or undertaken as if assigned by authority
GREEN: Pass on for someone else to do
ATTACHED:

RED: A term describing the physical union of two otherwise independent structures or objects, or
the relation between two parts of a single structure, each having its own function.
ORANGE: connected or joined to something
GREEN: Something physically joined / connected to something else

AUTHENTICATED:

RED: (authentication) In the law of evidence. The act or mode of giving authority or legal
authenticity to a statute, record, or other written instrument, or a certified copy thereof, so as to
render it legally admissible in evidence.
(Refer to the definition of Signet)
A seal commonly used for the sign manual of the sovereign. Wharton. In Scotland, a seal by which
royal warrants connected with the administration of- justice were formerly authenticated.
ORANGE: to prove or serve to prove to be real, true, or genuine authenticate a document
GREEN: Proof from the maker (Di5)

BENEFICIARIES:

RED: One for whose benefit a trust is created; a cestui que trust: the person for whose benefit a
trust is created or who is to enjoy the income or the avails of it.
ORANGE: A person or group who receives money, advantages, etc. as a result of something else.
GREEN: One for whose benefit a trust is created- Someone who gets to enjoy all the good things
that someone else freely gave to them.

BINDING:

RED: (bind) To obligate; to bring to place under definite duties or legal obligations, particularly by a
bond of covenant.
So long as a contract, an adjudication, or a legal relation remains in force and virtue, and continues
to impose duties or obligations, it is said to be "binding."
ORANGE: binding (on/upon somebody) that must be obeyed because it is accepted in law
GREEN: Held, Set, Gripped (Di5)

BRANCH:

RED: An offshoot, lateral extension, or subdivision. Any member or part of a body or system; a
department.
ORANGE: One of the offices or groups that form part of a large business organisation
GREEN: A small place that makes up part of a large place

CHATTEL:

RED: The name given to things which in law are deemed personal property... animate and
inanimate property
ORANGE: a piece of personal property, including something that can be moved, or rights such as
copyright and patents, but not usually including land and buildings
GREEN: the Birth Certificate is the chattel, which is like the Monopoly piece that moves around the
board
COLLATERAL:

RED: By the side; at the side; attached upon the side. Not lineal. but upon a parallel or diverging
line. Additional or auxiliary; supplementary; co—Operating.
ORANGE: property (such as securities) pledged by a borrower to protect the interests of the lender
GREEN: pawning your property

CONSIDERATION:

RED: A sufficient consideration is one deemed by the law of sufficient value to support an ordinary
contract between parties, or one sufficient to support the particular transaction.
ORANGE: careful thought, typically over a period of time. "a long process involving a great deal of
careful consideration"
GREEN: to think carefully about something of real value

CONSIDERED:

RED: Deemed; determined; adjudged; reasonably regarded


ORANGE: Consider: to think about something carefully, especially in order to make a decision
GREEN: Reached at with careful thought; deliberate: regarded with respect or esteem

CREATED:

RED: To create a charter or a corporation is to make one which never existed before, while to
renew one is to give vitality to one which has been forfeited or has expired; and to amend one is to
give an existing charter more time than originally limited.
ORANGE: to bring into existence
GREEN: made

DEED:

RED: A sealed instrument, containing a contract or covenant, delivered by the party to be bound
thereby, and accepted by the party to whom the contract or covenant runs.
ORANGE: deed something to somebody; to give somebody property or rights using a deed
GREEN: An action taken by one to record an event or change to a record.

DEEMED:

RED: considered, adjudged, condemned, determined, treated as if, construed.


ORANGE: When a thought-through decision has been made
GREEN: decision is made

DELIVERED

RED: The final and absolute transfer of a deed, properly executed, to the grantee, or to some
person for his use, in such manner that it cannot be recalled by the grantor.
ORANGE: to do what you promised to do or what you are expected to do; to produce or provide
what people expect you to
GREEN: To give
DISPOSITION:

RED: A deed of alienation by which a right to property is conveyed.


ORANGE: Final arrangement: settlement transfer to the care or possession of another.
GREEN: A change in position

ENACTMENT:

RED: The method or process by which a bill in the legislature becomes a law
ORANGE: The process of a law becoming official
GREEN: A law which has been created

ENFORCEABLE:

RED: (enforce) To put into execution; to cause to take effect; to make effective; as, to enforce a
writ, a judgement, or the collection of a debt or fine.
ORANGE: (of a law or rule, or obligation) able to be imposed so that it must be complied with
GREEN: # Applesauce: I can make you do it

EQUITABLE INTEREST:

RED: Equitable: Just; conformable to the principles of justice and right.


Interest: denote a property in lands or chattels. In its application to lands or things real.
ORANGE: Equitable: a proper balance of conflicting interests.
Interest: a right, title, claim, or share in property.
GREEN: Part of something is yours

EXECUTED:

RED: Completed; carried into full effect; already done or performed; taking effect immediately; now
in existence or in possession; conveying an immediate right or possession
ORANGE: To carry out fully: Put completely into effect - to do what is provided or required by
GREEN: When completely done (Di5)

EXECUTED IN DUPLICATE:

RED: When two written documents are substantially alike, so that each might be a copy or
transcript of the other, while both stand on the same footing as original instruments, so that each
party may have an original in his possession.
ORANGE: Execute: to do or perform something, especially in a planned way:
Duplicate: To make an exact copy of something
GREEN: two authentic copies of this document exist with equal authority as the original

EXHIBIT A:

RED: A paper document produced and exhibited to a court during a trial or hearing
ORANGE: a thing used as evidence (proof that something is true) in a trial
GREEN: # Applesauce: Look at this
EXPRESSLY:

RED: In an express manner; in director unmistakable terms; explicitly; definitely; directly.


ORANGE: in a way that is clear
GREEN: without question

FEE SIMPLE:

RED: Fee-simple signifies a pure fee; and absolute estate of inheritance; that which a person holds
inheritable to him and his heirs general forever.
ORANGE: a fee without limitation to any class of heirs or restrictions on transfer of ownership
GREEN: Whole Title

GRANTEE:

RED: The person to whom a grant is made.


ORANGE: A person or an organisation that receives grants.
GREEN: someone who receives a gift from someone else for them to own.

GRANTOR:

RED: The person by whom a grant is made.


ORANGE: A person or an organisation that gives grants.
GREEN: someone who gives a gift to someone else for them to own.

HEREINAFTER:

RED: (Herein): an adverb that refers to a phrase, sentence, page, clause, or paragraph in a
document.
(After): later, succeeding, subsequent to, inferior in point of time or of priority or preference
ORANGE: Starting from a particular time
GREEN: After this moment

HERETO:

RED: To this document, the exhibits are attached


ORANGE: To this matter or document
GREEN: # Applesauce: Now you are with this thing (Di5)

HEREUNDER:

RED: No explanation in Red.


ORANGE: under or in accordance with this writing or document
GREEN: after this
HONOURABLE:

RED: A title of courtesy given in England to the younger children of earls, and the children of
viscounts and barons, and collectively, to the house of commons. In America the word is used as a
title of courtesy for various classes of officials, but without any clear lines of distinction.
ORANGE: Deserving great respect
GREEN: Worthy of being honoured

IN ACCORDANCE:

RED: Agreement; harmony; concord; conformity.


ORANGE: according to a rule or the way that somebody says that something should be done
GREEN: you must do

IN CONSIDERATION:

RED: The inducement to a contract. The cause, motive, price, or impelling influence which induces
a contracting party to enter into a contract. The reason or material cause of a contract.
ORANGE: careful thought, typically over a period of time. "a long process involving a great deal of
careful consideration"
GREEN: To think carefully about

INCOME:

RED: The return in money from one's business, labor. or capital invested; gains. profit. or private
revenue.
ORANGE: the money that a person, a region, a country, etc. earns from work, from investing
money, from business, etc.
GREEN: anything received, earned, or created (any form of value that is received or earned)

INCORPORATED BY REFERENCE:

RED: Reference in a will to another document without which the will cannot be understood (the
document then forms part of the will). The document must be clearly identified in the will, in
existence at the date of the will, and clearly referred to as being in existence at that date.
ORANGE: a doctrine in law: the terms of an earlier writing, instrument, or document capable of
being identified can be made an actual part of another writing, instrument, or document by referring
to, identifying, and adopting the former as part of the latter
GREEN: Because it is mentioned in the document, it becomes part of it.

INDEMNITEES:

RED: An indemnity is a collateral contract of assurance by which one person engages to secure
another against an anticipated loss or to prevent him from being damnified by the legal
consequences of an act or forbearance on the part of one of the parties or of some third person.
ORANGE: protection against damage or loss, especially in the form of a promise to pay for any
damage or loss that happens
GREEN: I promise to pay if I damage it
INDENTURE:

RED: A deed to which two or more persons are parties, and in which these enter into reciprocal and
corresponding grants or obligations towards each other; whereas a deed-poll is properly one in
which only the party making it executes it, or binds himself by it as a deed, though the grantors or
grantees therein may be several in number.
ORANGE: a type of contract in the past that forced a servant or apprentice to work for their
employer for a particular period of time.
GREEN: a binding agreement with two or more people

INDENTURE TRUSTEE:

RED: One who has obligations to perform for care of the estate which they have been granted
(legal title) in trust.
ORANGE: Indenture: a type of contract in the past that forced a servant or apprentice to work for
their employer for a particular period of time.
Trustee: a person or an organization that has control of money or property that has been put into a
trust for somebody.
GREEN: person responsible for the care and maintenance of everything in a trust.

ISSUANCE:

RED: A disputed point of law or question of fact, set forth in the pleadings, that is alleged by one
party and denied by the other
ORANGE: The act of supplying an official document, especially a financial product.
GREEN: Giving something to someone

LEGAL INTEREST:

RED: That rate of interest prescribed by the laws of the particular state or country as the highest
which may be lawfully contracted for or exacted, and which Must be paid in all cases where the law
allows interest without the assent of the debtor.
ORANGE: (legal) Conforming to the law; according to law; required or permitted by law; not
forbidden or discountenanced by law; good and effectual in law.
(interest) the feeling of wanting to give your attention to something or of wanting to be involved with
and to discover more about something.
GREEN: Any portion of a legal title or a share of legal right to use or possess property

LEGAL RIGHT:

RED: (legal) Conforming to the law; according to law; required or permitted by law; not forbidden or
discountenanced by law; good and effectual in law.
(right) In a narrower signification, the word denotes an interest or title in an object of property; a just
and legal claim to hold, use or enjoy it, or to convey or donate it, as he may please
ORANGE: the interest in a claim which is recognized by and protected by sanctions of law imposed
by a state, which enables one to possess property or to engage in some transaction or course of
conduct or to compel some other person to so engage or to refrain from some course of conduct
under certain circumstances, and for the infringement of which claim the state provides a remedy in
its courts of justice.
GREEN: Part of the man/woman’s rights recognized or made effective by a court of law (not
equitable).
LEGAL TITLE:

RED: (legal) Conforming to the law; according to law; required or permitted by law; not forbidden or
discountenanced by law; good and effectual in law.
(title) may be defined generally to be the evidence of right which a person has to the possession of
property.
ORANGE: (legal) Connected with the law
(title) The legal right to own something, especially land or property; the document that shows you
have this right
GREEN: Ownership and control of something in the eyes of the law

LISTED SECURITIES:

RED: (listed) Included in a list; put on a list, particularly on a list of taxable persons or property.
(security) Protection; assurance; indemnification given by a debtor in order to make sure the
payment or performance of his debt, by furnishing the creditor with a resource to be used in case of
failure of the principal obligation.
ORANGE: (listed) A record of short pieces of information usually arranged one below the other so
that they can be read easily or counted.
(securities) investment in a company or in government debt that can be traded on the financial
markets and produces an income for the investor
GREEN: A valuable piece of paper that has security, has the owner's name on it that can be used
to make money

LIVING:

RED: having life, exhibiting the life or motion of nature, full of life or vigor.
ORANGE: alive now
GREEN: If you don't specify its "living" it is assumed you are a "person." You are dead.

MERE EQUITY:

RED: A right affecting property that is less significant than an *equitable right or a *legal right
ORANGE: Mere: used to emphasize that something is not large or important
Equity: the value of a company, divided into many equal parts owned by the shareholders, or one
of the equal parts into which the value of a company is divided:
GREEN: a claim binding on a small group (class) of people

MINISTRY OF FINANCE:

RED: (Ministry): The term as used in England is wider than Cabinet and includes all the holders of
public office who come in and go out with the Prime Minister. In this respect it may be contrasted
with the Permanent Civil Services, whose tenure is independent of public changes.
(Finances): The public wealth of a state or government, considered either statically (as property or
money which a state now owns) or dynamically, (as its income, revenue, or public resources) Also
the revenue or wealth of an individual.
ORANGE: (Ministry): A government department that has a particular area of responsibility
(Finance): The activity of managing money, especially by a government or commercial
organisation
GREEN: A group of people that manages money.
MORTGAGE:

RED: An estate created by a conveyance absolute in its form, but intended to secure the
performance of some act, such as the payment of money and the like by the Grantor or some other
person, and become void if the act is performed agreeably to the terms prescribed at the time of
making such conveyance
ORANGE: A legal agreement by which a bank, building society, etc lends money at interest in
exchange for taking title of the debtor's property, with the condition that the conveyance of the title
becomes void upon the payment of the debt
GREEN: Something to hold that I have, for something I need

MUTUAL COVENANTS:

RED: A mutual covenant is one where either party may recover damages from the other for the
injury he may have received from a breach of the covenants in his favour.
ORANGE: (Mutual): directed by each toward the other or the others; shared in common; of or
relating to a plan whereby the members of an organization share in the profits and expenses
(Covenant): a written agreement or promise usually under seal between two or more parties
especially for the performance of some action; the common-law action to recover damages for
breach of such a contract
GREEN: something we all agree with / rules that apply to both of us

NOTE HOLDERS:

RED: (note) A unilateral instrument containing an express and absolute promise of signer to pay to
a specified person or order, or bearer
(holder) The holder of a bill of exchange, promissory note, or check is the person who has legally
acquired possession of the same, by indorsement or delivery, and who is entitled to receive
ORANGE: A person, bank, or organization that has lent money, for example in the form of a
mortgage or bonds.
GREEN: # Applesauce: Because of a piece of paper that I now give you

NOW THEREFORE:

RED: For that thing: for it, or them


ORANGE: as a result; because of that; for that reason.
GREEN: Since

OBLIGATIONS:

RED: The binding power of a vow, promise, oath, or contract, or of law, civil, political, or moral,
independent of a promise
ORANGE: the state of being forced to do something because it is your duty, or because of a law,
etc.
GREEN: # Applesauce: A promise made is a promise kept
ORIGINAL GRANTEE:

RED: Original: first in order; bearing its own authority, and not deriving authority from an outside
source; as original jurisdiction, original writ, etc. As applied to documents, the original is the first
copy or archetype; that from which another instrument is transcribed, copied.
Grantee: One to whom a grant is made.
ORANGE: Original: Existing since the beginning, or being the earliest form of something:
Grantee: a person or organization that receives a grant:
GREEN: The first man/woman to accept a particular Something that was given to you, for you to
look after and share or give away

ORIGINAL TRUSTEE:

RED: (Original): Primitive; first in order; bearing its own authority, and not deriving authority from an
outside source; as original jurisdiction, original writ, etc. As applied to documents, the originals are
the first copy or archetype; that from which another instrument is transcribed, copied, or imitated.
(Trustee): The person appointed, or required by law, to execute a trust; one in whom as estate,
interest, or power is vested, under an express or implied agreement to administer or exercise it for
the benefit or to use of another
ORANGE: Original: Present or existing from the beginning, first or earliest Trustee: An individual
person or member of a board given control or powers of administration of property in trust with a
legal obligation to administer it solely for the purposes specified. "Pension fund trustees"
GREEN: #applesauce: The one it belongs to

OTHER AMOUNTS RECEIVED:

RED: (other) Different or distinct from that already mentioned.


(amount) The effect, substance, or result; the total or aggregate sum.
(receive) To take in possession and control.
ORANGE: as above
GREEN: all the funds that I receive

OWNER:

RED: A person in whom is vested the ownership, dominion, or title of property


ORANGE: One to whom property belongs
GREEN: something that belongs to someone

OWNERS OBLIGATION:

RED: (owner) The person in whom is vested the ownership, dominion, or title of property;
proprietor. (obligation) The binding power of a vow, promise, oath, or contract, or of law, civil,
political, or moral, independent of a promise; that which constitutes legal of moral duty, and which
renders a person liable to coercion and punishment for neglecting it.
ORANGE: (owner) A person who owns something.
(obligation) An act or course of action to which a person is morally or legally bound, a duty or
commitment.
GREEN: # Applesauce: Something that I have that is mine that I want you to do
PARTIES:

RED: Persons who take part in the performance of any act, or who are directly interested in any
ORANGE: One of the people or groups of people involved in a legal agreement or argument
GREEN: Two or more sides working together to come to an agreement

PAYMENTS:

RED: Is the performance of a duty, promise, or obligation, or discharge of a debt or liability, by the
delivery of money or other value by a debtor to a creditor, where the money or other valuable thing
is tendered and accepted as extinguishing debt or obligation in whole or in part. Also, the money or
other thing so delivered.
ORANGE: an amount of money paid, or the act of paying
GREEN: Something you give for something you want

PERFORMED:

RED: (perform) To perform an obligation or contract is to execute, fulfill, or accomplish it according


to its terms. This may consist either in action on the part of the person bound by the contract or in
omission to act, according to the nature of the subject matter; but the term is usually applied to any
action in discharge of a contract other than a payment
ORANGE: Carry out, accomplish, or fulfill (an action, task, or function)
GREEN: #applesauce: to make it happen

PLEDGE:

RED: A bailment of goods to a creditor as security for some debt or engagement


ORANGE: to formally promise to give or do something
GREEN: Pinkie Promise (# Applesauce)

PRINCIPAL AMOUNT:

RED: Principal: Chief; leading; highest in rank or degree; most important or considerable; primary;
original; the source of authority or right.
Amount: The effect, substance, or result; the total aggregate sum
ORANGE: Principal: First in order of Importance; Main.
Amount: A quantity of something, especially the total of a thing or things in number, size, value, or
extent
GREEN: The Silver Coin is the Principal Amount: The silver is the first real thing showing up. As
soon as you add value to something you can take it.

PRINCIPLE TRUST RESIDENCE:

RED: The main place, or particular locality where the trust can be found as its permanent home.
ORANGE: The place where a person lives most of the time and that is considered their home
GREEN: Where you can locate me
PROPERTY:

RED: Rightful dominion over external objects; ownership; the unrestricted and exclusive right to a
thing; the right to dispose of the substance of a thing in every legal way, to possess it, to use it, and
to exclude everyone else, from interfering with it.
ORANGE: a thing or things that are owned by somebody
GREEN: Anything that is owned by anyone.

PROVIDED:

RED: The word used in introducing a proviso (which see.) Ordinarily it signifies or expresses a
condition; but this is not invariable, for, according to the context, it may import a covenant, or a
limitation or qualification, or a restraint, modification, or exception to something which precedes.
ORANGE: To give something to somebody or make it available for them to use
GREEN: As given

PROVISION:

RED: Foresight of the chance of an event. happening, sufficient to indicate that any present
undertaking upon which its assumed realization might exert a natural and proper influence was
entered upon in full contemplation of it as a future possibility.
ORANGE: a statement within an agreement or a law that a particular thing must happen or be
done, especially before another can happen or be done
GREEN: Putting something in writing to make sure something gets done the way you want it to get
done

PURPOSES:

RED: (purpose) That which one sets before him to accomplish; an end, intention, or aim, object,
plan, project.
ORANGE: the reason for which something is done or created or for which something exists.
GREEN: An intention

REASONABLY:

RED: just; proper. Ordinary or usual. Fit and appropriate to the end in view.
ORANGE: using good judgment: in a satisfactory way
GREEN: Governed by or being in accordance with reason or sound thinking

REFERRED:

RED: (Refer): When a case or action involves matters of account or other intricate details which
require minute examination, and for that reason are not fit to be brought before a jury, it is usual to
refer the whole case, or some part of it, to the decision of an auditor or referee, and the case is then
said to be referred.
ORANGE: refer someone/something to someone/something
GREEN: to make mention of
REVOCABLE:

RED: A trust that allows the grantor to revoke and reclaim any property placed in it.
ORANGE: To annul or make void by recalling or taking back; to cancel, rescind, repeal, or reverse.
GREEN: This gives the one making the trust the ability to change it at any time for any reason.

SATISFACTION:

RED: The discharge of an obligation by paying a party what is due to him, (as on a mortgage, lien,
or contract,) or what is awarded to him, by the judgment of the court or otherwise.
ORANGE: a pleasant feeling that you get when you receive something you wanted, or when you
have done something, you wanted to do:
GREEN: A source of Happiness with one's situation in life

SECURITIES INTERMEDIARY:

RED: (i) a clearing corporation; or (ii) a person, including a bank or broker, that in the ordinary
course of its business maintains securities accounts for others and is acting in that capacity.
ORANGE: Security: property or goods that you promise to give to someone if you cannot pay what
you owe them.
Intermediary: someone who carries messages between people who are unwilling or unable to
meet:
GREEN: Someone who holds your goods in case you can’t pay, while providing messages
between the parties.

SECURITY:

RED: Protection; assurance; indemnification given by a debtor in order to make sure the payment
or performance of his debt, by furnishing the creditor with a resource to be used in case of failure of
the principal obligation
ORANGE: Protection of person, building, organization, or country against threats such as crime or
attacks by foreign countries.
GREEN: Protected

SECURITY INTEREST:

RED: (security) Protection; assurance; indemnification given by a debtor in order to make sure the
payment or performance of his debt, by furnishing the creditor with a resource to be used in case of
failure of the principal obligation.
(interest) Used to describe the intervention of a party who comes into a suit for the purpose of
protecting interests of his own which may be involved in the dispute between the principal parties
ORANGE: The rights that a creditor has in the personal property of a debtor that secures an
obligation. (Lien)
GREEN: protected idea

SET FORTH:

RED: To present for consideration – to propose a plan


ORANGE: To start a journey
GREEN: Like I said
TEMPORARY:

RED: That to which is to last for a limited time only, as distinguished from that which is perpetual, or
indefinite, in its duration.
ORANGE: Not lasting or needed for very long
GREEN: short term

TERMS:

RED: propositions stated or promises made which, when assented to or accepted by another, settle
the contract, and bind the parties.
ORANGE: The conditions that people offer, demand, or accept when they make an agreement, an
arrangement, or a contract
GREEN: these are the rules you must play by

TITLE DEED:

RED: (title) is the means whereby the owner of lands has the just possession of his property.
(deed) Deed of trust. An instrument in use in many states, taking the place and serving the uses of
a common-law mortgage, by which the legal title to real property is placed in one or more trustees,
to secure the repayment of a sum of money or the performance of other conditions
ORANGE: (title) The legal right to own a piece of land or a building, or a document that proves this
right.
(deed) A legal document that is an official record of an agreement or official proof that someone
owns land or a building
GREEN: clear proof I have something or an idea in it. (Di5)

TRUST:

RED: A responsibility or obligation in one person, who is termed trustee, for the benefit of another,
who is called the “cestui que trust” respecting property which is held by the trustee for the benefit of
the cestui que trust
ORANGE: to believe that someone is good and honest and will not harm you, or that something is
safe and reliable
GREEN: A Trust is an agreement where someone gets a nice surprise from someone who cares
about them. This surprise can happen once or a bunch of times.

TRUST DEED:

RED: species of mortgage give n to a trustee for the purpose of securing a numerous class of
creditors, as the bondholders of a railroad corporation, with power to foreclose and sell on failure of
the payment of their bonds, notes, or other claims.
ORANGE: a legal document that creates a trust, giving a person or organization the right to
manage money or property for someone else, and says how this should be done
GREEN: my paper that brings us together
TRUST INDENTURE:

RED: (trust) A fiduciary relation with respect to property, subjecting person by whom the property is
held to equitable duties to deal with the property for the benefit of another person which arises as
the result of a manifestation of an intention to create it.
(indenture) A deed executed or purporting to be executed in parts, between two or more parties,
and distinguished by having the edge of the paper or parchment on which it is written indented or
cut at the top in a particular manner
ORANGE: a document under which a trust (as one created by the issuer of bonds in accordance
with the Trust Indenture Act of 1939) is conducted
GREEN: An unbreakable promise

TRUST PROPERTIES:

RED: An equitable right, title, or interest in property, real or personal, distinct from its legal
ownership;
any and all property, real or personal, tangible or intangible, which is owned or held by or for the
account of the Trust, or by or for the account of the Trustees on behalf of the Trust.
ORANGE:
GREEN: anything held by the trust and listed as its property.

TRUSTEE:

RED: One to whom an estate has been granted in trust.


ORANGE: a person or an organization that has control of money or property that has been put into
a trust for somebody.
GREEN: Caretaker.

UNREGISTERED:

RED: UN(NOT)-REGISTERED – Not Entered or recorded in some official register or record or list
ORANGE: Not officially recognized and recorded (Public can't see these records but Private Can)
GREEN: not listed (Private is not Registered)

VALID:

RED: Of binding force. A deed, will, or other instrument, which has received all the formalities
required by law, is said to be valid.
ORANGE: based on truth or reason; able to be accepted
GREEN: Accepted

VITAL STATISTICS:

RED: Public records kept by a state, city, or other government subdivision, under a statutory
provision, of births, marriages and deaths, and disease.
ORANGE: A group of official facts that show such things as the number of births, deaths, and
marriages in a particular country, area, etc.
GREEN: keeping record of the number of events that have occurred in human life
WHEREAS:

RED: When in fact


ORANGE: A conditional or qualifying statement
GREEN: Because of

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