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Most Popular Legal Definitions
satisfaction of judgment
A document signed by a judgment creditor stating that the full amount due on the
judgment has been paid.
holograph will
A will that is not witnessed and is written in the handwriting of the testator.
foreclosure
To eliminate a right of redemption on mortgaged
real property.
security deposit
Money paid to another to be held as security for
the occurrence of a specified event.
conflict of laws
specialized branch of law which resolves cases which have elements of
conflicting foreign law
evidence
1) something which provides proof or disproves a claim or otherwise believed
statement 2)to make clear or evident, to show by proof
act of God
unpreventable natural catastrophe, such as; an earthquake, tidal wave, volcanic
eruption, hurricane, or tornado; an act of God is determined on two grounds: 1)
the extent of damage and chaos they wreak 2) the impingement on established
contracts, which often state that "acts of God" are admissible excuses for delay
or failure to fulfill a commitment; many insurance policies exempt coverage for
damage caused by acts of God.
corollary relief
relief sought from a Court which is incidental or consequential to another
principal relief
supplemental
referring to anything that is added to complete
something.
implied trust
A trust that is imposed by law onto certain
situations by presuming the intention of the participants to create a trust,
simply because of the facts at hand.