Definition of "Nunc pro tunc"

Bill Gearhart real estate agent

Written by

Bill Gearhartelite badge icon

Coldwell Banker Townside, REALTORS®

Latin: now for then. Descriptive of actions which are performed after a deadline has elapsed, but retroactively have the same effect as if they were carried out in a timely manner. For example, a property title is transferred to a new owner. The wife of the original owner, who owned the property jointly, never signed the deed. The subsequent owner seeks to sell the property to a third buyer when the wife's missing signature is discovered by a title company prior to issuing title insurance. There is now a cloud on the title and the legality of the sale to the second owner could be challenged. However, the wife of the first owner agrees to sign the title nunc pro tunc.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

What Is a Real Estate Bubble? One definition for a real estate bubble is the fast increase in prices, usually driven by investors and speculators in major urban areas. Properties are ...

The accelerated depreciation definition is a type of depreciation that makes it possible for a homeowner or real estate investor to depreciate their property faster than the straight-line ...

Opening so that air or gas may enter or leave. For example, an air conditioner has a "vent open" or "vent closed" knob for outside air. The "vent close" switch must be on for air ...

City apartment building that is overcrowded, poorly constructed or maintained, and generally part of a slum. In law, a tenement also refers to possessions of an individual that are ...

Agreement between two or more individuals whereby each party agrees to do or not to do some act. The parties have reciprocal obligations of performance or actions. ...

Provision in a written agreement that depends on the occurrence of something else. ...

Angle from north or south of a property. When a real estate appraiser does surveying, it is looked at clockwise from north. It may assist in determining the form or boundaries of land. ...

One who receives real property under a will. ...

Having the intellect to comprehend the terms and conditions of a will and their impact. A testator must understand his or her estate and its eventual disposition and effects in order to ...

Popular Real Estate Questions