Alamo Title Company

WORDS, PHRASES & DEFINITIONS


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U


Ultra Vires - Beyond their powers.

Undivided Interests - Unsegregated interests of co-owners in the entire property owned by them as tenants in common.

UCC - Uniform Commercial Code. (Com. Code, Section 1101 et seq.)

Unities - The essential elements of a common law joint tenancy. i.e., unities of time, title, interest, and possession.

Unjust Enrichment - Mistake or misfortune of one person unfairly benefiting another.

nlawful Detainer - An action brought for recovery of possession of real property.

Usury - The exaction of a greater payment or return for the loan of money than is permitted by law.