master deed

Definition

A deed used by a condominium developer for recording a condominium development. Divides a single property into individually owned units.

Use master deed in a sentence

You should always make sure that you keep the master deed in a safe place so that you can show it if you need to.

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In obtaining a master deed, a person must have proof of identification before they can be considered, and there may be extended wait periods.

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My brother hired an attorney from my law firm to prepare a master deed for the condominium development he was putting together so that he could divide it into individual units.

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