The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has b... (more...)

The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has been recorded.

FIERI FACIAS

Latin for 'that you cause to be done.' This is a court document that instructs a sheriff to seize and sell a defendant's property in order to satisfy a monetary... (more...)

Latin for 'that you cause to be done.' This is a court document that instructs a sheriff to seize and sell a defendant's property in order to satisfy a monetary judgment against the defendant.

YELLOW-DOG CONTRACT

An employment contract in which the employer forbids the employee to join a labor union. Yellow-dog contracts are not legally enforceable.

ADVERSE POSSESSION

A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usua... (more...)

A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usually include continuous and open use for a period of five or more years and paying taxes on the property in question.

FORECLOSURE

The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.

ESCHEAT

The forfeit of all property to the state when a person dies without heirs.

PROPERTY

See personal property, real estate, community property, separate property.

SEIZURE

The taking of physical evidence or property by law enforcement officials. This runs the gamut from taking blood for a drug test to impounding a car used in a ro... (more...)

The taking of physical evidence or property by law enforcement officials. This runs the gamut from taking blood for a drug test to impounding a car used in a robbery. The police must generally obtain a search warrant, or court order, before they can seize personal property.

APPRECIATION

An increase in value. Appreciated property is property that has gone up in value since it was acquired.

SAMPLE LEGAL CASES

Shoney's LLC v. Mac East, LLC

... stated: "`Where the lease merely contains a provisionâ€”without moreâ€”granting a person, normally a landlord, the power to withhold consent, regardless of whether explicitly qualified to reasonable exercises of that power ... ...

Gibson v. Merrifield

... A landlord has no duty to' inspect for latent defects, ie, defects that are hidden or concealed, or which can not be discovered by a reasonable inspection. "` . . A]lthough a landlord is under no duty to inspect for and repair ...

EX PARTE AIG BAKER ORANGE BEACH WHARF

... The lease agreement contained a provision entitled "mutual waiver of jury trial," which provided, in pertinent part: "Tenant and Landlord hereby waive any right to a trial by jury on any claim, counterclaim, setoff, demand, action or cause of action brought by either of the parties ...

Foley Landlord-Tenant Lawyer, Alabama

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LEGAL TERMS

HOUSE CLOSING

FIERI FACIAS

YELLOW-DOG CONTRACT

ADVERSE POSSESSION

FORECLOSURE

ESCHEAT

PROPERTY

SEIZURE

APPRECIATION

SAMPLE LEGAL CASES

Shoney's LLC v. Mac East, LLC

Gibson v. Merrifield

EX PARTE AIG BAKER ORANGE BEACH WHARF

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