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Simple English definitions for legal terms

certificate of holder of attached property

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A quick definition of certificate of holder of attached property:

A certificate of holder of attached property is a document that is given to someone who has possession of property that has been seized by a sheriff, but does not actually own the property. The certificate explains the holder's interest in the property and serves as proof of their right to possess it.

A more thorough explanation:

Definition: A certificate given by a person who holds property that has been attached by a sheriff, but does not own it. The certificate outlines the holder's interest in the property.

Example: John owes money to Jane. Jane takes legal action and the sheriff attaches John's car. However, John still has possession of the car. In this case, John would be the holder of the attached property and would provide a certificate outlining his interest in the car.

Explanation: The example illustrates how a certificate of holder of attached property is used in a real-life scenario. John is not the owner of the car, but he still has an interest in it as the holder of the attached property. The certificate would outline his interest in the car, such as the fact that he is still making payments on it or that he needs it for transportation to work.

certificate of good faith | certificate of indebtedness

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