Saturday, November 20, 2010
Definitions: WARRANT; WARRANTOR; WARRANTY; WARRANTEE et al from Webster's Dictionary and Black's Law Dictionary.
The purpose for comparing these definitions is to show the reader the fraud committed by the banks, ABA),National Real Estate Association (NRA), and all of the courts against property owners.
The contracts drafted by Realtors, acting with Mortgage Companies, and in concert with judges acting as court officials but being anything but official, are entirely defective and fail to disclose the true meaning and intent to the unknowing purchasers, who is no more than the WARANTEE.
The word "WARRANT-EE" means that party is the receiver of "The Warrant", meaning another party is the "WARRANTOR." OWNER OF THE WARRANT.
These terms may be easier to follow if "Leasor" and "Leasee" are instead applied. Or, "Rentor" and "Rentee"
Leas-or is a party who owns the lease, and the Leas-ee is the party who leases, subject to the rules of the Leasor, owner of the lease.
See Warrant v. ( first definition) page 817 on WARRANT; WARRANTOR; WARRANTY; WARRANTEE Part II,