Cant – this legal term finds application in the Real Estate Law in some legal systems. There it refers to a legal instrument for out-of-court dividing (splitting) of valuable asset which is owned mutually by two or three parties. Cant usually applies in probate cases where the inheritance pot, left by the antecedent, has to be divided among the living heirs. Or in situation where there is divorce and the ex-spouses have to divide the properties acquired through the period of marriage. When it is related to dividing real estates, the procedure could be done in the form of Title Deed or via contract or court order that binds the parties and instructs transfer of Title.

Posted in: C