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baddestbunny
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LSDefine
Simple English definitions for legal terms
reexecution
Read a random definition: delivery of deed
A quick definition of reexecution:
Reexecution: When an important document like a deed or contract is lost or destroyed, reexecution is the process of making a new one to replace it. This is done through an equitable remedy where the party who lost the document is compelled to create a new one if someone can prove they have a right to it. It's like getting a new copy of something you lost, but with legal consequences.
A more thorough explanation:
Definition: Reexecution is an equitable remedy used to replace a lost or destroyed deed or other legal document. If a claimant can prove their right under a lost or destroyed document, equity compels the party or parties to execute a new one.
Example: If a property owner loses the deed to their property, they can seek reexecution to obtain a new one. They would need to provide evidence of their ownership and the loss of the original deed.
This example illustrates how reexecution can be used to replace a lost legal document, such as a deed, with a new one. It is an equitable remedy that helps to ensure that individuals are not unfairly deprived of their legal rights due to the loss or destruction of important documents.