Severn Eminent Domain Lawyer, North Carolina
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1-4 of 4 matches. Page 1 of 1
203 East Dundee Street, Windsor, NC 27983
Profile LAWPOINTS™45/100
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120 North Franklin Street, Rocky Mount, NC 27804
Profile LAWPOINTS™32/100
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David C. Braswell
Real Estate, Traffic, Family Law, Criminal
Status: In Good Standing Licensed: 22 Years
2627 Sunset Ave, Rocky Mount, NC 27804
Profile LAWPOINTS™34/100
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Jacob R. Parrott
Commercial Real Estate, Freedom of Information, Business & Trade, Corporate
Status: In Good Standing Licensed: 32 Years
Rocky Mount, NC 27804
Profile LAWPOINTS™17/100
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LEGAL TERMS
CONTRACT
A legally binding agreement involving two or more people or businesses (called parties) that sets forth what the parties will or will not do. Most contracts tha... (more...)
A legally binding agreement involving two or more people or businesses (called parties) that sets forth what the parties will or will not do. Most contracts that can be carried out within one year can be either oral or written. Major exceptions include contracts involving the ownership of real estate and commercial contracts for goods worth $500 or more, which must be in writing to be enforceable. (See statute of frauds.) A contract is formed when competent parties -- usually adults of sound mind or business entities -- mutually agree to provide each other some benefit (called consideration), such as a promise to pay money in exchange for a promise to deliver specified goods or services or the actual delivery of those goods and services. A contract normally requires one party to make a reasonably detailed offer to do something -- including, typically, the price, time for performance and other essential terms and conditions -- and the other to accept without significant change. For example, if I offer to sell you ten roses for $5 to be delivered next Thursday and you say 'It's a deal,' we've made a valid contract. On the other hand, if one party fails to offer something of benefit to the other, there is no contract. For example, if Maria promises to fix Josh's car, there is no contract unless Josh promises something in return for Maria's services.
JUROR
A person who serves on a jury. Lists of potential jurors are obtained from sources such as voter registration rolls and department of motor vehicles' lists. In ... (more...)
A person who serves on a jury. Lists of potential jurors are obtained from sources such as voter registration rolls and department of motor vehicles' lists. In most states, employers are prohibited from discriminating against employees who are called for jury duty--that is, they cannot demote or fire an employee for serving. And a few states require that the employer continue to pay the absent employee. Individuals who are selected to serve on a jury receive from the court a very small fee for their time and sometimes the cost of traveling from home to court.
UNCLEAN HANDS
A legal doctrine that prevents a plaintiff who has acted unethically in relation to a lawsuit from winning the suit or from recovering as much money as she woul... (more...)
A legal doctrine that prevents a plaintiff who has acted unethically in relation to a lawsuit from winning the suit or from recovering as much money as she would have if she had behaved honorably. For example, if a contractor is suing a homeowner to recover the price of work he did on the home, his failure to perform the work as specified would leave him with unclean hands.
EXCULPATORY CLAUSE
A provision in a lease that absolves the landlord from responsibility for all damages, injuries or losses occurring on the property, including those caused by t... (more...)
A provision in a lease that absolves the landlord from responsibility for all damages, injuries or losses occurring on the property, including those caused by the landlord's actions. Most states have laws that void exculpatory clauses in rental agreements, which means that a court will not enforce them.
BASIS
For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the pr... (more...)
For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the property, 'adjusted' to reflect improvements made or damage incurred while you own the property. See stepped-up basis, carryover basis.
NULLA BONA
Latin for 'no goods.' This is what the sheriff writes when she can find no property to seize in order to pay off a court judgment.
FAILURE OF CONSIDERATION
The refusal or inability of a contracting party to perform its side of a bargain.
BOND
(1) A written agreement purchased from a bonding company that guarantees a person will properly carry out a specific act, such as managing funds, showing up in ... (more...)
(1) A written agreement purchased from a bonding company that guarantees a person will properly carry out a specific act, such as managing funds, showing up in court, providing good title to a piece of real estate or completing a construction project. If the person who purchased the bond fails at his or her task, the bonding company will pay the aggrieved party an amount up to the value of the bond. (2) An interest-bearing document issued by a government or company as evidence of a debt. A bond provides pre-determined payments at a set date to the bond holder. Bonds may be 'registered' bonds, which provide payment to the bond holder whose name is recorded with the issuer and appears on the bond certificate, or 'bearer' bonds, which provide payments to whomever holds the bond in-hand.
DONATION
A gift of property. The IRS allows you to take an income tax deduction for the value of donations made to charitable organizations who are recognized as such by... (more...)
A gift of property. The IRS allows you to take an income tax deduction for the value of donations made to charitable organizations who are recognized as such by the IRS.
SAMPLE LEGAL CASES
L & S WATER v. Piedmont Water Authority
... 162A-7 and 153A-285 (both repealed), to use the power of eminent domain to divert
water from the Deep River basin to construct Randleman Lake. ... Defendant is a public
authority that possesses the power of eminent domain. ...
Department of Transp. v. Blevins
... Our Supreme Court reasoned that while "[t]he state must compensate for property rights
taken by eminent domain[,] damages resulting from the exercise of police power are
noncompensable." Id. at 514, 126 SE2d at 738 (citations omitted). ...
PROGRESS ENERGY CAROLINAS v. Strickland
... 2) "whether the petition sufficiently described the extent of the easement to be condemned and
whether petitioner has the legal authority to condemn the rights described in the petition;" and
(3) whether petitioner can exercise the power of eminent domain over Strickland's two ...
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