§ 1053 Property Transfer Instruments

This law says that any written transfer of something is called a grant, conveyance, or bill of sale, and the word 'grant' covers all those unless the law specifically talks about real property.

Key Takeaways

•'Grant' includes any written transfer like a sale, gift, or bill of sale.
•The definition applies to things other than real property unless the law says otherwise.
•A written note that transfers ownership is covered by this rule.

Example

You give your friend a written note that says you give them your skateboard as a gift.

Because it's a written transfer, the note is considered a 'grant' under this law, even though it's not about land.

How to Calculate

No calculation needed

The law only defines terms; it does not include any math formula.

N/A

Result: N/A

Section Ten Hundred and Fifty-three. A transfer in writing is called a grant, or conveyance, or bill of sale. The term “grant,” in this and the next two Articles, includes all these instruments, unless it is specially applied to real property.

This law says that any written transfer of something is called a grant, conveyance, or bill of sale, and the word 'grant' covers all those unless the law specifically talks about real property.

Key Takeaways

•'Grant' includes any written transfer like a sale, gift, or bill of sale.
•The definition applies to things other than real property unless the law says otherwise.
•A written note that transfers ownership is covered by this rule.

Example

You give your friend a written note that says you give them your skateboard as a gift.

Because it's a written transfer, the note is considered a 'grant' under this law, even though it's not about land.

How to Calculate

No calculation needed

The law only defines terms; it does not include any math formula.

N/A

Result: N/A

Key Takeaways

Example

How to Calculate

References

§ 1053 Property Transfer Instruments

Key Takeaways

Example

How to Calculate

References

Key Takeaways

Example

How to Calculate

Related Statutes

References

Key Takeaways

Example

How to Calculate

Related Statutes

References