. 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.
Noun. 1. title deed-a legal document proving a person's right to property. deed, deed of conveyance, title-a legal document signed and sealed and delivered to effect a transfer of property and to show the legal right to possess it; he signed the deed; he kept the title to his car in the glove compartment. muniments-deeds and other documentary evidence of title to land.