Juridical Dictionary

This dictionary contains:
8526
juridical terms

Appraisal






Appraisal

The procedure for determining the fair market value of an asset for equitable distribution in divorce.

RELATED TERMS
--------------------------------------

Fair
A privileged market.

Market
A public place appointed by public authority, where all sorts of things necessary for the subsistence, or for the conveniences of life, are sold.

Value
Common law. This term has two different meanings. It sometimes expresses the utility of an object, and some times the power of purchasing other good with it. The first may be called value in use, the latter value in exchange.

Equitable
That which is in conformity to the natural law.

Distribution
By this term is understood the division of an intestate's estate according to law.

Divorce
The divorce is the legal ending of a marriage. Divorcing refers to limited aspects: to get a judgment of divorce and to make arrangements for distribution of property, child custody and spousal support, in some cases. A divorce starts with a petition (complaint) made by spouse (petitioner) and ends with an order for divorce called judgment. The petition is a standard document for divorce that shows the facts and issues and what the petitioner wants. After being filed with the court, it is served on the other spouse to give notice that the divorce case has started. Then the other spouse (respondent) can file a response, if necessary, but within a stated time (30 days after the petition is served). If a response is filed, the divorce case is “contested” and if there is no response, the case is “uncontested”. The uncontested divorce is relatively simple: it consists in paperwork and red tape to judgment. Some couples might need working out a written marital settlement agreement. A petitioner’s appearance in court might be required, although many states have procedures that don’t require hearing. Contested divorce has many complicated steps, the presence of a lawyer being very helpful and efficient in saving time and emotional stress. A contested divorce can become uncontested if one spouse simply drops out of the contest or if the spouses reach an agreement. About 95% of all divorce cases are able to reach agreement and settle without the need to go to trial. Collaborative divorce involves two clients and two attorneys who work together to reach a settlement with best possible result for both parties after negotiations of financial issues and custody. The law is used to impose a decision only when there is a disagreement brought into court. When children are involved, the judge might take a look at the terms to make sure they are well supported and protected.



SIMILAR TERMS
--------------------------------------

Appraisal report
A report of the results of an appraisal which begins with the definition of an appraisal problem and leads to a specific conclusion using reasoning and relevant descriptive data.

Appraisement
A just valuation of property.

Appraiser
Practice. A person appointed by competent authority to appraise or value goods; as in case of the death of a person, an appraisement and inventory must be made of the goods of which he died possessed, or was entitled to. Appraisers are sometimes appointed to assess the damage done to property, by some public work, or to estimate its value when taken for public use.

Apprehension
Practice. The capture or arrest of a person.

Apprentice
Person, contracts. A person bound in due form of law to a master, to learn from him his art, trade or business, and to serve him during the time of his apprenticeship.

Apprizing
A name for an action in the Scotch law, by which a creditor formerly carried off the estates of his debtor in payment of debts due to him in lieu of which, adjudications are now resorted to.

Approaches to the conflict of laws
Instead of the classic chronological, historical approach to private international law, W. Tetley has divided conflict of law theory into five theoretical approaches: 1) single concepts (single principles); 2) multiple numbered rules (infra); 3) general texts (infra); 4) national legislation and international conventions; 5) methodologies (infra)

Approbate and reprobate
In Scotland this term is used to signify to approve and reject. It is a maxim quod approbo non reprobo.

Appropriation
Ecclesiastical law The setting apart an ecclesiastical benefice, which is the general property of the church, to the perpetual and proper use of some religious house, bishop or college, dean and chapter and the like.

Approvement
1) English Criminal law. The act by which a person indicted of treason or felony, and arraigned for the same, confesses the same before any plea pleaded, and accuses others, his accomplices, of the same crime, in order to obtain his pardon. 2) English law. The inclosing of common land within the lord's waste, so as to leave egress and regress to a tenant who is a commoner.

Approver
English Criminal law. One confessing himself guilty of felony, and approving others of the same crime to save himself.



PREVIOUS AND NEXT TERMS
--------------------------------------

Apportion
To divide and assign according to a definite rule. the division is not necessarily equal but is fair according to the respective interests of the parties involved.

Apportionment
The division and distribution of something into proportionate parts; to each according to their share. For example, if a court ordered apportionment of a contract, the party would be required to perform only to a extent equal to the performance of the other side.

Apposal of sheriffs
English law. The charging them with money received upon account of the Exchequer.

Apposer
English law. An officer of the Court of Exchequer, called the foreign apposer.

Appostille
French law. Postil. In general this means an addition or annotation made in the margin of an act, [contract in writing,] or of some writing

Appraisal

Appraisal report
A report of the results of an appraisal which begins with the definition of an appraisal problem and leads to a specific conclusion using reasoning and relevant descriptive data.

Appraisement
A just valuation of property.

Appraiser
Practice. A person appointed by competent authority to appraise or value goods; as in case of the death of a person, an appraisement and inventory must be made of the goods of which he died possessed, or was entitled to. Appraisers are sometimes appointed to assess the damage done to property, by some public work, or to estimate its value when taken for public use.

Apprehension
Practice. The capture or arrest of a person.

Apprentice
Person, contracts. A person bound in due form of law to a master, to learn from him his art, trade or business, and to serve him during the time of his apprenticeship.

We thank you for using the Juridical Dictionary to search for Appraisal. If you have a better definition for Appraisal than the one presented here, please let us know by making use of the suggest a term option. This definition of Appraisal may be disputed by other professionals. Our attempt is to provide easy definitions on Appraisal and any other medical topic for the public at large.
 


This dictionary contains 8526 terms.