Ralls Eminent Domain Lawyer, Texas, page 3


Billy R. Wolfe

Real Estate, Employment, Personal Injury, Accident & Injury
Status:  In Good Standing           Licensed:  44 Years

Billy Jevon . Huey

Real Estate, Oil & Gas, Industry Specialties, Business
Status:  In Good Standing           Licensed:  21 Years

Brad Dean Worthington

Real Estate
Status:  In Good Standing           Licensed:  34 Years

Bradley Wayne Elder

Commercial Real Estate, Elder Law, Business & Trade, Personal Injury
Status:  In Good Standing           Licensed:  19 Years

Brandie Rae Payne

Real Estate, Business, Bankruptcy, Credit & Debt
Status:  Suspended           Licensed:  26 Years

Brandon Clayton Callahan

Motor Vehicle, Discrimination, Contract, Real Estate, Complex Litigation
Status:  In Good Standing           

Brandon Kyle Bartee

Commercial Real Estate, Real Estate, Business & Trade
Status:  In Good Standing           Licensed:  14 Years

Briana Noelle Parramore

Construction, Family Law, Credit & Debt, Personal Injury
Status:  In Good Standing           Licensed:  13 Years

Bruce N. Willoughby

Construction, Employee Rights, Business & Trade, Bankruptcy
Status:  In Good Standing           Licensed:  22 Years

Byron J. Boyd

Commercial Real Estate
Status:  Inactive           Licensed:  35 Years

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LEGAL TERMS

LIFE TENANT

One who has a life estate in real property.

ESTATE

Generally, all the property you own when you die.

USUFRUCT

The right to use property -- or income from property -- that is owned by another.

INDISPENSABLE PARTY

A person or entity (such as a corporation) that must be included in a lawsuit in order for the court to render a final judgment that will be just to everyone co... (more...)
A person or entity (such as a corporation) that must be included in a lawsuit in order for the court to render a final judgment that will be just to everyone concerned. For example, if a person sues his neighbors to force them to prune a tree that poses a danger to his house, he must name all owners of the neighboring property in the suit.

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)
A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

DIVIDEND

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash,... (more...)
A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash, though they may also be paid in the form of additional shares of stock or other property. The amount of a dividend is established by the corporation's board of directors; however, state laws often restrict a corporation's ability to declare dividends by requiring a minimum level of profits or assets before the dividend can be approved.

DIRECTOR

A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important bus... (more...)
A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important business decisions -- especially those that legally bind the corporation -- leaving day-to-day management to officers and employees of the corporation. For example, a decision to borrow money, lease an office or buy real property would normally be authorized by the board of directors. However, in the small business world, where it is common for owners to be directors, officers and employees simultaneously, distinctions dividing the roles and responsibilities of these groups are often blurred.

LANDLORD

The owner of any real estate, such as a house, apartment building or land, that is leased or rented to another person, called the tenant.

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.

SAMPLE LEGAL CASES

TEXAS BAY CHERRY HILL v. City of Fort Worth

... The Plan, the City manager's report to the City council regarding the Plan, and the resolution adopting the plan all explicitly state that the City will not use its powers of eminent domain to acquire property under the Plan. The ...

City of Dallas v. VSC, LLC

... We overrule the City's second issue. Taking. In its third issue, the City contends its seizure of the vehicles was not a taking under article one, section seventeen because the vehicles were seized pursuant to the City's police power, not its eminent domain power. ...

FKM PARTNERSHIP v. Board of Regents

... The court of appeals in this case correctly noted that as in "other civil cases, an eminent domain proceeding is subject to the rules of civil procedure," and these rules "permit parties to amend their pleadings and also to dismiss some or all of their claims." 178 SW3d at 5 (citing ...

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