Mc Leod Landlord-Tenant Lawyer, Texas, page 5


John Miles Darby

Commercial Real Estate, Oil & Gas, Wills, Business & Trade
Status:  In Good Standing           Licensed:  29 Years

John Vincent Ware

Oil & Gas, Litigation, Credit & Debt, Commercial Real Estate
Status:  In Good Standing           Licensed:  17 Years

J. Scott Novy

Juvenile Law, Commercial Real Estate, Wills, Criminal
Status:  In Good Standing           Licensed:  38 Years

Stephen W. Mcdaniel

Residential Real Estate, Commercial Real Estate, Real Estate
Status:  Inactive           

William Brent Bryson

Commercial Real Estate, Litigation, Oil & Gas, Business & Trade
Status:  In Good Standing           Licensed:  13 Years

Richard Thomas Ishihara

Immigration, Tax, Real Estate, Health Care
Status:  In Good Standing           Licensed:  17 Years

J. Richard Millikin

Commercial Real Estate, Oil & Gas, Wills, Business & Trade
Status:  In Good Standing           Licensed:  44 Years

Jerrod Lee Allen

Commercial Real Estate, Litigation, Oil & Gas, Divorce, Products Liability
Status:  In Good Standing           Licensed:  22 Years

Mitchell David Young

Oil & Gas, Commercial Real Estate, Business & Trade, Wills
Status:  In Good Standing           Licensed:  16 Years

James I. Calk

Commercial Real Estate, Oil & Gas, Public Finance, Business & Trade
Status:  In Good Standing           Licensed:  49 Years

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

IP

See intellectual property law.

DEBENTURE

A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific p... (more...)
A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific piece of property. Repayment of a debenture is guaranteed only by the general credit of the issuer. For example, a corporation may issue a secured bond that gives the bondholder a lien on the corporation's factory. But if it issues a debenture, the loan is not secured by any property at all. When a corporation issues debentures, the holders are considered creditors of the corporation and are entitled to payment before shareholders if the business folds.

SHARED EQUITY MORTGAGE

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the... (more...)
A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the lender is entitled to a portion of the proceeds.

FAILURE OF CONSIDERATION

The refusal or inability of a contracting party to perform its side of a bargain.

FINDER'S FEE

A fee charged by real estate brokers and apartment-finding services in exchange for locating a rental property. These fees are permitted by law. Some landlords,... (more...)
A fee charged by real estate brokers and apartment-finding services in exchange for locating a rental property. These fees are permitted by law. Some landlords, however, charge finder's fees merely for renting a place. This type of charge is not legitimate and, in some areas, is specifically declared illegal.

ILLUSORY PROMISE

A promise that pledges nothing, because it is vague or because the promisor can choose whether or not to honor it. Such promises are not legally binding. For ex... (more...)
A promise that pledges nothing, because it is vague or because the promisor can choose whether or not to honor it. Such promises are not legally binding. For example, if you get a new job and promise to work for three years, unless you resign sooner, you haven't made a valid contract and can resign or be fired at any time.

ENCROACHMENT

The building of a structure entirely or partly on a neighbor's property. Encroachment may occur due to faulty surveying or sheer obstreperousness on the part of... (more...)
The building of a structure entirely or partly on a neighbor's property. Encroachment may occur due to faulty surveying or sheer obstreperousness on the part of the builder. Solutions range from paying the rightful property owner for the use of the property to the court-ordered removal of the structure.

MARITAL DEDUCTION

A deduction allowed by the federal estate tax laws for all property passed to a surviving spouse who is a U.S. citizen. This deduction (which really functions a... (more...)
A deduction allowed by the federal estate tax laws for all property passed to a surviving spouse who is a U.S. citizen. This deduction (which really functions as an exemption) allows anyone, even a billionaire, to pass his or her entire estate to a surviving spouse without any tax at all.

INTANGIBLE PROPERTY

Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such 'untouchable' items... (more...)
Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such 'untouchable' items may be represented by a certificate or license that fixes or approximates the value, but others (such as the goodwill or reputation of a business) are not easily valued or embodied in any instrument. Compare tangible property.

SAMPLE LEGAL CASES

Coastal Oil & Gas Corp. v. Garza Energy Trust

... [23] Professors Prosser and Keeton explain: Thus a landlord cannot sue for a mere trespass to land in the occupation of his tenant. ... [24]. Salinas's reversion interest in the minerals leased to Coastal is similar to a landlord's reversion interest in the surface estate. ...

US Bank Nat. Ass'n v. Freeney

... To prevail and obtain possession in its forcible detainer action, the law requires appellant to show: (1) the substitute trustee conveyed the property by deed to appellant after the foreclosure sale; (2) the deed of trust signed by appellee established a landlord-tenant relationship ...

5 Star Intern. Holdings v. Thomson, Inc.

... Landlord shall furnish Tenant a written statement estimating: (i) Common Area expenses; (ii) the total taxes dues for said calendar year; and (iii) total insurance premiums due for the year (herein collectively the `Estimate'). Beginning ...