Heirs are individuals who inherit some or all of the estate of a deceased person by virtue of being in the direct line of descent, or being designated in a will or by a legal authority. Assigns or assignees is a broader term that includes anyone to whom property is, will, or may be assigned. An assign may receive property from an assignor by conveyance, descent, or an act of law.
Terminology used in deeds and wills to provide that the recipient received a fee simple estate" in lands rather than a lesser interest.
One who might inherit or succeed to an interest in a property under the rules of law applicable when a property owner dies.
Words usually found in a deed, showing the interest the grantee is receiving. A deed to "A, his heirs and assigns" would grant the property to A, with the right to assign said property or have is descent to A's heirs upon A's death. This would be considered a fee interest (estate). This would differ from, for example, a life estate granted to A, which would terminate upon A's death and could not be inherited by A's heirs.
Words usually found in a contract or deed that indicate the obligations assumed, or interest granted, or binding upon, or insure to benefit of the heirs or assigns of the party.
Language commonly used in a fee simple title conveyance. The significance is whether the title is clear and can be passed on to the purchaser's estate including all heirs and those who may have any interest in the estate, the assigns.
An occupancy agreement must provide that it's binding on heirs, assigns, executors, administrators, and successors. The logic here is that if a buyer or seller dies, assigns the sales agreement, or is hit by a bus, then the deal will still go ahead.
