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[kevin oleary]
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Simple English definitions for legal terms
escritura publica
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A quick definition of escritura publica:
Term: ESCRITURA PUBLICA
Definition: An escritura publica is a legal document that is written and signed in front of a notary public. It is an official record of an agreement or transaction between two or more parties. This document is important because it provides proof of the agreement and can be used in court if necessary. Think of it like a special kind of letter that is very official and important.
A more thorough explanation:
An escritura publica is a legal document that is signed and certified by a notary public or other authorized official. It is used to record important transactions, such as the sale of property or the establishment of a business.
- When Maria and Juan bought their house, they signed an escritura publica to make the sale official.
- The founders of the new company signed an escritura publica to establish the business and define its structure.
These examples illustrate how an escritura publica is used to record important legal transactions. In both cases, the document serves as proof that the transaction took place and outlines the terms of the agreement.