North Carolina General Statutes > Chapter 43 > Article 5 – Adverse Claims and Corrections after Registration
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Terms Used In North Carolina General Statutes > Chapter 43 > Article 5 - Adverse Claims and Corrections after Registration
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Summons: Another word for subpoena used by the criminal justice system.