Tag: Legal

  • Legal Age

    Legal Age in the context of Real Property See: Majority in this legal Dictionary.

  • Legal Age

    Legal Age in the context of Real Property See: Majority in this legal Dictionary.

  • Legal Rate of Interest

    Concept of Legal Rate of Interest in the context of Real Property A short definition of Legal Rate of Interest: A rate of interest established by law, rather than by agreement (contract).

  • Legal Owner

    Concept of Legal Owner in the context of Real Property A short definition of Legal Owner: The term has come to be used as a technical difference from the equitable owner, and not as opposed to an illegal owner. The legal owner has title to the property, although the title may actually carry no […]

  • Legal Notice

    Concept of Legal Notice in the context of Real Property A short definition of Legal Notice: The notice required by law in a particular case. May be actual notice, constructive notice, etc.

  • Legal Name

    Concept of Legal Name in the context of Real Property A short definition of Legal Name: First and last name. Middle name included, omitted or incorrect will not matter. Today full names (for identification purposes) are required in many instances, but only for identification purposes (to […]

  • Legal Title

    A right in the nature of ownership cognizable by, and enforceable in, a court of law. Thus, the legal title to land conveyed remains in the vendor until all the purchase money has been paid; while the vendee acquires an equitable title only. Jennisons v. Leonard, 21 Wall. 309 (1874)….

  • Legal Title

    A right in the nature of ownership cognizable by, and enforceable in, a court of law. Thus, the legal title to land conveyed remains in the vendor until all the purchase money has been paid; while the vendee acquires an equitable title only. Jennisons v. Leonard, 21 Wall. 309 (1874)….

  • Legal Description

    Concept of Legal Description in the context of Real Property A short definition of Legal Description: A method of geographically identifying a parcel of land, which is acceptable in a court of law.