Legislatures are made up of individual members, known as legislators, who vote on proposed laws. A legislature usually contains a fixed number of legislators; because legislatures usually meet in a specific room filled with seats for the legislators, this is often described as the number of seats it contains.
Here's a brief rundown of the most common types of deeds: A quitclaim deed transfers whatever ownership interest a person has in a property. It makes no guarantees about the extent of the person's interest. Quitclaim deeds are commonly used by divorcing couples; one spouse signs all his or her rights in the couple's real estate over to the other.
To transfer cash or securities, the trustee will open an account in the trustâs name, and the grantor will instruct his or her bank or broker to move the funds from his or her account to the trustâs account. For real estate, a deed is used to transfer legal title of the property from the grantor to the trust.n irrevocable trust is simply a trust with terms and provisions that cannot be changed by the grantor. This is distinguished from a revocable trust, which is commonly used in estate planning and allows the grantor to change the terms of the trust and/or take the property back at any time.