. The first argument of this formula is the interest rate, the second the number of periods, the third the annual payments, the fourth is the present value, and the fifth indicates that payments are all made at the end rather than the beginning of each year.
Patenting refers to the system of land appropriation used in Kentucky to transfer land from the Commonwealth to an individual or group of individuals. All deeds trace back to an original patent recorded in the Kentucky Land Office. Land patenting consists of four steps, all of which must be completed before title is granted. Step #1: The Warrant (syn. Certificate, Order) This document authorizes a survey to be made.
A warranty deed is a legal document that transfers ownerhsip to real estate. When you own a piece of real estate in the United States you don't have to fence off your property and stick a flag in the ground to mark the property as yours. Instead, you hold a piece of paper title, called a deed, that provides evidence you own the property. A warranty deed is a way to transfer paper title from one person to another. Unlike other types of deeds, a warranty deed provides full guarantee that the paper title is good, marketable title.