The Real Estate License Professor

(1) A timber or other support for cross-members. (2) In stairs, the support on which the stair treads rest.

Filing of instruments for record in the office of the county recorder. The act of having a document filed for record in the county recorder's office. Once recorded, the instrument gives constructive notice to the world.

Compensation to a person who has already sustained a loss. For example, insurance payment for a loss under policy.