by Ethan Atkinson | Jul 1, 2026 | A-E, PropertyPedia
Chose in Action is a legal term describing a personal property right that cannot be possessed physically but can be enforced through legal action. Instead of representing ownership of a tangible object, a chose in action gives its holder the right to collect a debt,...
by Ethan Atkinson | Jul 1, 2026 | P-T, PropertyPedia
Severed Executive Rights refer to the separation of the executive rights associated with mineral ownership from the ownership of the minerals themselves. Executive rights are the authority to negotiate and sign oil, gas, or mineral leases, including the ability to...
by Ethan Atkinson | Jul 1, 2026 | P-T, PropertyPedia
Stranger to the Deed is a person who is not named as a grantor or grantee in a deed but is nevertheless referred to in the document. Under the traditional common law rule, a deed generally cannot create or transfer a property interest to a person who is a stranger to...
by Ethan Atkinson | Jul 1, 2026 | PropertyPedia, U-Z
Wild Deed is a deed that has been recorded but cannot be connected to the property’s chain of title. This usually occurs when a deed is recorded before the grantor’s own deed has been recorded, or when a prior conveyance was never recorded at all. Because...
by Ethan Atkinson | Jul 1, 2026 | A-E, PropertyPedia
Doctrine of Worthier Title is a common law rule that historically presumed a grantor did not intend to transfer future ownership of real property to the grantor’s own heirs through a deed or will. Instead, if a conveyance attempted to create a future interest in...
