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Informational Terms And Phrases
Naturalization
The conferring of rights of citizenship to a person who has been an alien.
Naturalized Citizen
A person made a citizen of the United States by act of congress.
Neap Tides
Tides occurring between the full moon and the change of the moon, twice every twenty-four hours.
Negotiable
Capable of transfer by endorsement in the ordinary course of business.
Negotiable Instrument
Instruments with special legal incidents permitting free circulation in commerce.
Nominee
A person designated to act in the place and stead of another.
Nonjudicial Foreclosure Sale
Sale of property pursuant to the power of sale provisions contained in a security instrument.
Notarize
To prove execution of a document by means of a notary public’s certificate of acknowledgment.
Notary Public
A person authorized by law to take acknowledgments and to administer oaths.
Note
A common reference to a promissory note.
Note of Action
A lis pendens.
Notice of Cessation
A recorded notice shortening the time for filing mechanics’ liens if work ceases prior to completion.
Notice of Completion
A notice recorded within ten days of completion of a work of improvement signaling commencement of the time period within which claims of mechanics’ liens must be recorded.
Notice of Default
A recorded notice of a trustor’s failure to perform his/her obligation under a deed of trust. The beginning step in nonjudicial foreclosure of a deed of trust.
Notice of Non-Responsibility
A recorded notice by an owner of real property that he/she will not be responsible for payment of costs of improvements contracted for thereon by some other person.
Notice to Quit
Notice given by landlord to a tenant to pay rent within three days or vacate premises.
Novation
The substitution of a new obligation for an old one.
Nunc Pro Tune
Now for then; a tardy act made retroactive to the time when the act should have been done.
Nuncupative Will
An oral will.
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