Simple English definitions for legal terms
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A perfect instrument is a legal document that defines rights, duties, entitlements, or liabilities. It can be a contract, will, promissory note, or share certificate. It is considered perfect when it is executed and filed with a public registry. An instrument can also be a means by which something is achieved, performed, or furthered. For example, it can be an instrument of social equality.
A perfect instrument is a legal document that has been executed and filed with a public registry. It defines rights, duties, entitlements, or liabilities and is used to achieve, perform, or further something.
These examples illustrate how a perfect instrument is a legal document that is executed and filed with a public registry to define and protect rights and obligations related to property ownership and financial transactions.