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Legal Definitions - common assurance

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Definition of common assurance

Common assurance refers to documentary evidence of ownership of a property, such as a deed or a judgment. It is also known as muniment of title.

For example, if a person wants to prove their ownership of a property, they can provide a deed as common assurance. This document serves as evidence of their legal right to the property.

Another example is a judgment that confirms ownership of a property. This judgment can also serve as common assurance and can be used to prove ownership.

Overall, common assurance is important in establishing ownership of a property and providing legal evidence of ownership.

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Simple Definition

Common Assurance: This is a legal term that refers to documents that prove who owns a piece of property. These documents can include things like deeds or court judgments. They are important because they help establish a clear chain of ownership for a property.

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