Real Obligation Law and Legal Definition
Real obligation means legal obligation that is connected with real property. t is a duty that corresponds to real right. In other words, real obligation of a person refers to those duties that a person must perform in return for the right that s/he exercises. An example of real obligation is mortgage.
Legal Definition list
Related Legal Terms
- Abjuration of the Realm
- Agricultural Real Estate
- Air of Reality Test
- Alternative Obligation
- American Society of Real Estate Counselors [ASREC]
- Application for Sale of Real Property
- Bargaining Obligation Dispute [Administrative Personnel]
- Bird Dog (Real Property)
- Bungalow (Real Property)
- Certified Real-Time Reporter
