Terms with Tag Legal

  • Canadian Bar Association (CBA) Company Est. 1896, Canada,
      An advocate for legal professionals in Canada.
    • Canadian Lawyers Network (CLN)Company,
        Used by mortgage lender in Canada for title insurance.
      • Canadian Legal Information Institute (CanLII) Company Est. 2000, Canada,
          Non-profit organization managed by the Federation of Law Societies of Canada
        • Cancellation Clause Definition,
          • A provision in a lease or other contract that spells out under what conditions the parties can call off the deal.
        • Card Holder Agreement Definition,
          • A written agreement or contract between a credit card holder and the credit issuer that details the terms and conditions of a credit card account. This agreement must include the Annual Percentage Rate, the monthly minimum payment formula, the annual fee if applicable, and the cardholder's rights in billing disputes. Changes to the agreement can be made at any time by the issuer with prior written notice.
        • Cash Collateral Definition,
          • The proceeds of cash collected from the sale of liquid assets while in bankruptcy.
        • Causation Definition,
          • A method of connecting an entity's conduct with an effect, which in some cases can prove legal liability.
        • Caveat Definition,
          • A charge or instrument placed on land title.
          • To give warning, notice or caution; beware.
        • Certificate of Sale Definition,
          • An affidavit issued at a judicial or tax sale that entitles the buyer to the deed to the property purchased after court confirmation.
        • Certificate of Title Definition,
          • A written document stating that the title to a piece of property is legally vested in the present owner.
        • Chain of Title Definition,
          • Legal records that trace ownership of a property from the most recent owner to the original owner.
        • Change Order Definition,
          • A document defining an alteration of construction plans.
        • Claim Definition,
          • A creditor's assertion of a right to payment from a debtor or the debtor's property.
        • Clear Title Definition,
          • Title not burdened by liens or legal questions.
        • Clear-Space Clause Definition,
          • A clause that requires insured property to be located a minimum distance from surrounding property.
        • Closing Definition,
          • In real estate, the delivery of a deed, the payment of the purchase price, the signing of notes, and the paying of closing costs, which completes a real estate transaction.
        • Closing Costs Definition,
          • The miscellaneous expenses involved in closing a real estate transaction that are over and above the purchase price. Some of the closing costs include title insurance, appraisal fee.
        • Co-signer Definition,
          • A person who signs a promissory note that is also signed by one or more other parties. All parties take responsibility for the debt if any of the others renege.
        • Collateral Definition,
          • Any property pledged as security for repayment of a debt.
        • Collateral Source Rule Definition,
          • In tort law, the collateral source rule states that the tortfeasor (defendant) cannot deduct payments made by other parties to the plaintiff (such as insurance settlements) from what they are required to pay.
        • Collusion Definition,
          • A secret, deceitful agreement by two or more parties to defraud others.
        • Commissioner for Federal Judicial Affairs (CFJA)Acronym, Canada,
          • Common Law (CL) Acronym, Very Important,
            • Traditional, unwritten law based on English custom.
            Laws developed by judges through court decisions and precedent.
          • Common Law Marriage (CLM) Acronym,
            • To be recognized as being married without foregoing a matrimonial ceremony.
          • Community Property (CP) Acronym, Important,
            • Possessions, real estate and profits that a husband and wife receive during the marriage, excluding gifts and inheritances. Upon divorce, community property is distributed equally.
          • Community Property with Right of Survivorship (CPWRS)Acronym,
            • Comparative Negligence Definition,
              • The degree to which the claimant's own negligence factored into damages, and how much liability can be attributed to each party.
            • Competent Definition,
              • Legal ability to make decisions and enter into contracts.
            • Confusio-Lexicon Maximus Definition,
              • The rescinding of language in process when none is making nonsense less and therefore incurred but not reported deficiencies in mental capacities are not apparently un-obviously imposed.
            • Consent Judgement Definition,
              • A judge's legally binding approval of a written agreement by the parties of a lawsuit.
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