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

Same as term right of first refusal: Right of an individual to be offered something before it is offered to others. For example, a tenant whose apartment is going to be converted to a ...

Opening in the wall of a structure to let in air and light. ...

An adjustment to the internal rate of return (IRR) computation so as to improve this measure. This uses a risk-free after-tax rate and a customary rate for money reinvestment. ...

A property manager is either a person or a company that supervises real estate units’ daily operations. They can either manage individual units or entire buildings, both residential ...

The real estate arbitration definition is an alternative way to settle disputes when the parties involved want to avoid a trial. There are some significant differences between an ...

Authority given by a municipality to perform specified operations in a certain zoning area. Conditions are sometimes attached by the zoning group. An example is permission to have a ...

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

Unfortunately, we encounter false advertising daily. False advertising refers to deceptive or misleading ads and commercials that fail to showcase a product’s or service’s ...

In order to define the rate of return on investment, or more commonly known as ROI we are also going to explain how it can be calculated and what to look for in the return rate. Investing ...

Popular Real Estate Questions