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Most Popular Legal Definitions
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.
nuisance
The unreasonable, unwarranted and/or unlawful use of property, which causes
inconvenience or damage to others, either to individuals and/or to the general
public.
creditor
one who grants or is owed an agreed upon obligation
endorsement
The signature or instructions placed on the
reverse of a commercial document, for the purpose of assigning the interest
therein to another
adversary
1) an individual or party opposing or resisting another 2) an opposite force
legalese
Language containing an excessive amount of legal terminology or of legal jargon.
quiet enjoyment
A landlord's obligation to provide the tenant with reasonable privacy and
freedom from any interference with the tenant's exclusive use and enjoyment of
the rented premises.
functus officio
Latin, an officer or agency whose mandate has expired either because of the
arrival of an expiration date or because an agency has accomplished the purpose
for which it was created.
adverse possession
means to acquire title to land through obvious occupancy of the land, while
claiming ownership for the period of years set by the law of the state where the
property exists
child custody
court's determination of which parent, relative, or other adult should have
physical and/or legal control and responsibility for a minor (child) under 18