Tenancy in common

What is the legal definition of Tenancy in common? In the legal context, Tenancy in common means The possession of property by two or more people wherein each party possesses an undivided interest in the entire property. This is different from a situation in which each party owns a designated portion of the property, such (more…)

Tenant in Common

What is the legal definition of Tenant in Common? In the legal context, Tenant in Common means An individual who owns an undivided interest in real or personal property with one or more people, with no right of survivorship.

Damages

What is the legal definition of Damages? In the legal context, Damages means Compensation that the law awards to someone who has been injured or suffers a loss because of the action of another.

Minor

What is the legal definition of Minor? In the legal context, Minor means A male or female who is under the age of legal competency and rights, usually considered to be 21 years old but now frequently regarded as 18 years; a person too young to make a legal contract.

Benefit

What is the legal definition of Benefit? In the legal context, Benefit means Money that is paid as a result of a claim made on a medical or disability insurance policy.

Contractor

What is the legal definition of Contractor? In the legal context, Contractor means Someone who is engaged to do a job or perform an act but who maintains control over how the job or act is to be carried out. In medical jurisprudence, a surgeon who agrees to perform a certain operation is an independent (more…)

Practicable

What is the legal definition of Practicable? In the legal context, Practicable means Something that can be accomplished; feasible; workable.

Adjustment

What is the legal definition of Adjustment? In the legal context, Adjustment means A settlement of a claim, often involving the determination of a mutually agreeable compromise sum.

False pretenses

What is the legal definition of False pretenses? In the legal context, False pretenses means A premeditated, calculated, thought-out misrepresentation of fact or situation, frequently entered into to defraud someone of property or money.

As is

What is the legal definition of As is? In the legal context, As is means An expression denoting the fact that goods are being sold in the condition the seller has stated they were in. Such goods are sold as is. (It is the purchaser’s responsibility to discover if such goods are damaged.) (more…)