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Most Popular Legal Definitions
doctrine
A rule or principle or the law established
through the repeated application of legal precedents.
sequestration
The taking of someone's property, voluntarily or
involuntarily, by court officers or into the possession of a third
party.
private law
Law which regulates the relationships between individuals. Family, commercial,
and labor law are examples of private law because the focus is on the
relationships between corporations and relationships
between individuals.
violation
an unlawful act, usually performed with force; infringement or
transgression
abstract of title
The written report on a title search which shows
the history of ownership on a piece of real estate and any claims against the
property.
apparent authority
appearance of being the agent of another
(employer or principal) with the power to act for the principal; since under the
law of agency the employer (the principal) is liable for the acts of his
employee (agent), if a person who is not an agent appears to an outsider (a
customer) to have been given authority by the principal, then the principal is
stuck for the acts of anyone he allows to appear to have authority
satisfaction of mortgage
A document signed by a lender acknowledging that a mortgage has been fully
paid.
fraudulent conveyance
A transfer of an interest in property done with intent to defeat creditors or
others of their just and lawful entitlements.
toll
1) To delay, suspend or hold off the effect of a statute. 2) a charge to pass
over land, use a toll road or turnpike, cross a bridge or take passage on a
ferry.
lex causae
Latin, law of the cause. The law which has precedence, where there is a conflict
of laws, to dispose of an action.