after-acquired title

after-acquired title definition - business

after-acquired title

A deed to real property that was not properly held by the seller at the time of the transaction but must be conveyed to the buyer or his successors when subsequently obtained.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.