Inchoate Instrument
An unrecorded instrument (such as a deed) which is valid only between the parties and those having actual notice; but not against "the world" as it would be after recording.
More Real Estate Definitons
YardService LineQuasi ContractX-BracingPercolationFrontage RoadZoneRevaluationUseful lifeJacob'S LadderWasting AssetsRLIPlotYieldBy-LawsAlcoveSoftwoodNuisanceTidal BasinKickbackYard LumberBernard RuleGuarantorMeanErosionAffirmationZero Side YardWaste, Act ofDepreciationGreen LumberFloor FurnaceSpandrel WallGraded TaxBlind NailingViolationUnsecuredWild LandFunding feePer CapitaWarehouseReservationMaterialman