Baileys, Shaw and Gillett , solicitors

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Baileys, Shaw and Gillett , solicitors

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        An assignment of term, or assignment to attend the inheritance, was an assignment of the remaining term of years in a mortgage to a trustee after the mortgage itself has been redeemed. An assignment of a lease is the transfer of the rights laid out in the lease to another party, usually for a consideration (a sum of money).

        Abstract of title is a summary of prior ownership of a property, drawn up by solicitors. Such an abstract may go back several hundred years or just a few months, and was usually drawn up just prior to a sale.

        A marriage settlement was a legal agreement drawn up before a marriage by the two parties, setting out terms with respect to rights of property and succession.

        From the British Records Association "Guidelines 3 - Interpreting Deeds: How To Interpret Deeds - A Simple Guide And Glossary".

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