Real Estate Terms Dictionary
Definition of 'Letters Patent'
Letters Patent, also called "land patent", is a legal document issued by the US government in which an individual is granted the title to a land, which can be passed on to the individual's heirs forever.
What are Letters Patent:
A land patent is generally obtained and treated as any deed. Through a letters of patent, the right to a land is, indeed, granted forever, which also means that the land cannot be sold or bought.
Here's a real-life example from one of the properties researched on PropertyShark:
The glossary is intended to provide real estate professionals and home buyers with a basic understanding of various specialized terms related to legal rights over a property. All terms appear in public records such as ACRIS. We do not take responsibility for the legal accuracy of the definitions provided and ask that use of these explanations in a legal setting be made only after checking with a lawyer or another specialist in the field.