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Most Popular Legal Definitions
lis pendens
Latin, a dispute or matter which is the subject of ongoing or pending
litigation.
account stated
statement between a creditor--or the person to whom money is owned--and the
debtor that a particular amount is owed to the seller as of a certain date
broker
in general, a person who arranges contracts between a buyer and seller for a
commission
chain of title
The succession of title ownership to real property from the present owner back
to the original owner at some distant time.
diplomat
an official representative of a state, present in another state for the purposes
of general representation of the state-of-origin or for the purpose of specific
international negotiations on behalf of the diplomat's state-of-origin.
arbitration
a 'mini-trial' which may be for a lawsuit ready to go to trial, usually held in
an attempt to avoid a court trial, conducted by a person or a panel of people
who are not judges
crimes against humanity
an international criminal justice offence; the perpetration of acts of war upon
a civilian, non-soldier population
monopoly
A commercial advantage enjoyed by only one or a select few companies.
assume
to take over the liability for a debt on a promissory note, which is often done
by the buyer of real property which has a secured debt upon it; "to assume the
debt"
movable
Civil law: things not attached to land and which may be carried from place to
place.