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Most Popular Legal Definitions
land
an area confined only by set-forth constraints; generally indicates an expanse
that includes all things upwards or downwards meaning houses, any structures,
and resources below the earth
defalcation
1. defaulting on a debt or other obligation such to account for public or trust
funds; usually used in the context of public officials. 2. defalcation has
another legal meaning referring to the setting-off of two debts owed between two
people by the agreement to a new amount representing the balance
qui non obstat quod obstare potest, facere videtur
Latin, an individual who does not prevent
something which he could have prevented, is taken to have done that
thing.
assign
to transfer to another person any asset such as
real property or a valuable right such as a contract 2) the person (assignee)
who receives a piece of property by purchase gift or by will; this word often
shows up in contracts and wills
death
irreversible cessation of circulatory and
respiratory functions and of all functions of the entire brain, including the
brain stem
words of purchase
Words which specifically name the person to whom the land is being
conveyed.
direct evidence
Evidence in the form of recounting personal observations or a document which
directly establishes a fact sought to be proven.
tenancy
A contract by which the owner of the property grants exclusive possession of
that property to another person, in exchange for the tenant's periodic payment
of money (rent).
binder
written statement of the key terms of an agreement, in particular insurance
policies, so that the insured as well as lenders can be assured there is valid
and adequate insurance coverage.
expropriation
In Canada, the forced sale of land to a public
authority. Synonymous with the U.S. definition of eminent domain, which is the
'expropriation of private property for public use.'