Abatement refers to the reduction, lessening, or termination of something. Specifically, in legal and tax contexts, it typically pertains to the suspension or reduction of lawsuits or taxes.
The term 'bleed' in a legal and financial context refers to the act of extracting an excessive amount of money or other valuable assets from a person, typically through threats or intimidation, making it a type of extortion.
A circuit is a geographical area within which a court has jurisdiction to hear and decide cases. Circuit courts often travel between locations within the territory to administer justice.
A crime is an act that the government has determined to be injurious to the public and which can therefore be prosecuted in a criminal proceeding. Crimes encompass felonies and misdemeanors.
Custody refers to the condition of holding a property or person within one's care and control. This comprehensive term has applications in various fields, from property management to legal and family contexts.
A deathbed gift, also known as a gift in contemplation of death, refers to a transfer of property or assets by an individual who is facing imminent death. This transfer is made with the understanding that ownership will only take effect upon the death of the donor. It differs significantly from inter vivos gifts made during one's lifetime.
Disaffirm refers to the action of repudiating or disclaiming the intention of being obligated under a contract or agreement, often seen in the context of voidable contracts.
The legal offence of making a false instrument intending it to be accepted as genuine, causing harm to others. Under the Forgery and Counterfeiting Act 1981, an instrument may be a document or device on which information is recorded.
A homestead refers to a house and the surrounding land that is owned and used as a dwelling. Under modern homestead exemption laws enacted in most states, any property designated as a homestead is exempt from execution and sale by creditors in case of bankruptcy.
An implied contract refers to an agreement that is established by the actions, behavior, or circumstances of the parties involved, without a written or spoken exchange. Unlike an explicit contract, its terms are inferred from conduct rather than articulated in words.
Inchoate refers to something that is not yet completed or fully developed. In the context of law, particularly criminal law, inchoate offenses are crimes where some steps have been taken towards commission, but the crime has not been successfully completed.
Nuisance refers to any activity or condition that interferes with the usage and enjoyment of property either causing annoyance or damage to others. It is a significant concept in tort law addressing both private and public disturbances.
An obligee is a person or entity in whose favor a contractual, legal, or fiscal obligation is established. This party is entitled to receive specific performance or payment as per the conditions outlined in the obligation.
A removal bond refers to a type of judicial bond which guarantees that an individual or entity will follow a court order for the removal of an item or person.
The statute of limitations is a law that sets the maximum time within which parties involved in a legal dispute must initiate legal proceedings from the date of an alleged offense or claim.
Illegal union or management labor practices. The National Labor Relations Board (NLRB) determines whether a particular labor practice is an unfair labor practice subject to court appeal.
