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Isaiah Bey
May 19, 20221 min read
Vested Interest
In finance, a vested interest is the lawful right of an individual or entity to gain access to tangible or intangible property such as...
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Isaiah Bey
May 12, 20221 min read
Natural person
In jurisprudence, a natural person (also physical person in some Commonwealth countries, or natural entity) is a person (in legal...
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Isaiah Bey
May 12, 20221 min read
Beneficial use
Beneficial use" is a legal term describing a person's right to enjoy the benefits of specific property, especially a view or access to...
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Isaiah Bey
May 12, 20221 min read
Beneficial Interest
Beneficial interest refers to a right to income or use of assets in a trust. People with a beneficial interest do not own title to the...
157 views1 comment
Isaiah Bey
May 4, 20221 min read
Witness
12) "Witness" means any natural person: (a) Having knowledge of the existence or nonexistence of facts relating to any crime; or (b) ...
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Isaiah Bey
May 4, 20221 min read
Obligor
In the law of secured transactions, a person that, with respect to an obligation secured by a security interestin or an agricultural lien...
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Isaiah Bey
Apr 28, 20221 min read
Duty
A legal duty is an obligation, created by law or contract. A legal duty requires a person to conform his or her actions to a particular...
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Isaiah Bey
Apr 28, 20221 min read
Charge
To impose a burden, duty, obligation, or lien; to create a claim against property; to assess; to demand; to accuse; to instruct a jury on...
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Isaiah Bey
Apr 28, 20221 min read
Good Faith
In contract law, the implied covenant of good faith and fair dealing is a general presumption that the parties to a contract will deal...
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Isaiah Bey
Apr 28, 20221 min read
Ascertain
To fix ; to render certain or definite; to estimate and determine; to clear of doubt or obscurity. Brown v.Ascertain
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Isaiah Bey
Apr 20, 20221 min read
Acceptance
acceptance. n. 1) receiving something from another with the intent to keep it, and showing that this was based on a previous agreement....
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Isaiah Bey
Apr 20, 20221 min read
Reimburse
1 :to pay back (a sum lost or expended) to someonewill reimburse the court costs. 2 : to make restoration or payment of an equivalent to...
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Isaiah Bey
Apr 20, 20221 min read
Exchange
Exchange refers both to the action of transferring goods and chattels for other goods and chattels of like value and to the transfer...
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Isaiah Bey
Apr 20, 20221 min read
Abandonment
abandonment. n. the act of intentionally and permanently giving up, surrendering, deserting or relinquishing property, premises, a right...
103 views1 comment
Isaiah Bey
Apr 19, 20221 min read
God
The source of all good; the supreme being. 1. Every man is presumed to believe in God, and he who opposes a witness on the ground of his...
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Isaiah Bey
Apr 13, 20221 min read
Ownership
Primary tabs. Ownership is the legal right to use, possess, and give away a thing. Ownership can be tangible such as personal property...
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Isaiah Bey
Apr 13, 20221 min read
Pledge
A promise. 2. A type of security interest in which a lender takes possession of personal property as security for an obligation. The...
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Isaiah Bey
Apr 5, 20221 min read
Fixture Filling
Fixture filing" means the filing of a financing statementcovering goods that are or are to become fixtures and satisfying Section...
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Isaiah Bey
Apr 5, 20221 min read
Fixtures
Fixtures" means goods that have become so related to particular real property that an interest in them arises under real property law.
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Isaiah Bey
Apr 5, 20221 min read
General intangibles
General intangible" means any personal property, including things in action, other than accounts, chattel paper, commercial tort claims,...
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