9:32
[kevin oleary]
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LSDefine
Simple English definitions for legal terms
counterdeed
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A quick definition of counterdeed:
A counterdeed is a secret document that cancels or changes a public deed. A deed is a written document that shows ownership of land or property. A counterdeed is usually signed and sealed, but it is kept hidden from others. It can be used to invalidate or alter a public deed.A more thorough explanation:
A counterdeed is a type of secret deed that invalidates or alters a public deed. A deed is a written instrument that conveys an interest in property, usually land. A counterdeed is executed either before a notary or under a private seal.
For example, if a person sells a piece of land to another person through a public deed, but later regrets the sale, they may execute a counterdeed that invalidates the public deed and restores ownership of the land to the original owner.
Another example is if a person sells a piece of land to another person through a public deed, but later realizes that the public deed contains an error, they may execute a counterdeed that corrects the error.