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| This dictionary contains: 8526 juridical terms |
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Lease and release
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Lease and releaseA species of conveyance, invented by Serjeant Moore, soon after the enactment of the statute of uses. It is thus contrived; a lease, or rather bargain and sale, upon some pecuniary consideration, for one year, is made by the tenant of the freehold to the lessee or bargainee. This, is made by the tenant of the freehold to the lessee or bargainee. The lease and release, when used as a conveyance of the fee, have the joint operation of a single conveyance.
RELATED TERMS--------------------------------------
Conveyance
A written document which transfers property from one person to another. In real-estate law, the conveyance usually refers to the actual document which transfers ownership, between persons living (i.e. other than by will), or which charges the land with another's interest, such as a mortgage.
Enactment
A law or a statute; a document which is published as an enforceable set of written rules is said to be "enacted".
Statute
The written will of the legislature, solemnly expressed according to the forms prescribed in the constitution; an act of the legislature.
Lease
A special kind of contract between a property owner and a person wanting temporary enjoyment and use of the property, in exchange for rent paid to the property owner. Where the property is land, a building, or parts of either, the property owner is called a landlord and the person that contracts to receive the temporary enjoyment and use is called a tenant.
Sale
Contracts. An agreement by which one of the contracting parties, called the seller, gives a thing and passes the title to it, in exchange for a certain price in current money, to the other party, who is called the buyer or purchaser, who, on his part, agrees to pay such price.
Pecuniary
That which relates to money.
Consideration
Under common law, there can be no binding contract without consideration, which was defined in an 1875 English decision as "some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered or undertaken by the other". Common law did not want to allow gratuitous offers, those made without anything offered in exchange (such as gifts), to be given the protection of contract law. So they added the criteria of consideration. Consideration is not required in contracts made in civil law systems and many common law states have adopted laws which remove consideration as a prerequisite of a valid contract.
Tenant
Estates. One who holds or possesses lands or tenements by any kind of title, either in fee, for life, for years, or at will
Freehold
Estates. An estate of freehold is an estate in lands or other real property, held by a free tenure, for the life of the tenant or that of some other person; or for some uneertain period. It is called liberum tenementum, frank tenement or freehold; it was formerly described to be such an estate as could only be created by livery of seisin, a ceremony similar to the investiture of the feudal law. But since the introduction of certain modern conveyances, by which an estate of freehold may be created without livery of seisin, this description is not sufficient.
Bargainee
A person to whom a bargain is made; one who receives the advantages of a bargain.
Release
1) Estates. The "conveyance of a man's interest or right, which he hath unto a thing, to another that hath the possession thereof, or some estate therein." 2) Contracts. A release is the giving or discharging of a right of action which a man has or may claim against another, or that which is his. 3) Releases are of two kinds: 1) Such as give up, discharge, or abandon a right of action. 2) Such as convey a man's interest or right to another, who has possession of it, or some estate in the same.
When
1) At which time, in wills, standing by itself unqualified and unexplained, this is a word of condition denoting the time at which the gift is to continence. 2) The context of a will may show that the word when is to be applied to the possession only, not to the vesting of a legacy; but to justify this construction, there must be circumstances, or other expressions in the will, showing such to have been the testator's intent.
Fee
1) Feudal law. An allotment of land in consideration of military service; land held of a superior, on condition of rendering him service, the ultimate property remaining in him. Oppossed to allodium. 2) An estate of inheritance - the highest and most extensive interest a man can have in a feud.
Joint
United, not separate; as, joint action, or one which is brought by several persons acting together; joint bond, a bond given by two or more obligors.
Single
By itself, unconnected.
SIMILAR TERMS--------------------------------------
Lease
A special kind of contract between a property owner and a person wanting temporary enjoyment and use of the property, in exchange for rent paid to the property owner. Where the property is land, a building, or parts of either, the property owner is called a landlord and the person that contracts to receive the temporary enjoyment and use is called a tenant.
Leased fee estate
An ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others: usually consists of the right to receive rent and the right to repossession at the termination of the lease.
Leasehold
The right to an estate held by lease.
Leasehold estate
The right to use and occupy real estate for a stated term and under certain conditions: conveyed by a lease.
PREVIOUS AND NEXT TERMS--------------------------------------
Leading question
A question which suggests an answer; usually answerable by "yes" or "no". These are forbidden to ensure that the witness is not coached by their lawyer through his or her testimony. Leading questions are only acceptable in cross-examination or where a witness is declared hostile.
League
1) In criminal law, a league is a conspiracy to do an unlawful act. 2) In contracts it is applied to agreements between states. 3) A league is a measure of length, which consists of three geographical miles.
Leakage
The waste which has taken place in liquids, by their escaping out of the casks or vessels in which they were kept.
Leal
Loyal; that which belongs to the law.
Lease
A special kind of contract between a property owner and a person wanting temporary enjoyment and use of the property, in exchange for rent paid to the property owner. Where the property is land, a building, or parts of either, the property owner is called a landlord and the person that contracts to receive the temporary enjoyment and use is called a tenant.
Lease and release
Leased fee estate
An ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others: usually consists of the right to receive rent and the right to repossession at the termination of the lease.
Leasehold
The right to an estate held by lease.
Leasehold estate
The right to use and occupy real estate for a stated term and under certain conditions: conveyed by a lease.
Ledger
Commerce, accounts, evidence. A book in which are inscribed the names of all persons dealing with the person who keeps it, and in which there is a separate account, composed generally of one or more pages for each.
Ledger book
Ecclesiastical law. The name of a book kept in the prerogative courts in England. It is considered as a roll of the court, but, it seems, it cannot be read in evidence.
RELATED TERMS--------------------------------------
Conveyance
A written document which transfers property from one person to another. In real-estate law, the conveyance usually refers to the actual document which transfers ownership, between persons living (i.e. other than by will), or which charges the land with another's interest, such as a mortgage.
Enactment
A law or a statute; a document which is published as an enforceable set of written rules is said to be "enacted".
Statute
The written will of the legislature, solemnly expressed according to the forms prescribed in the constitution; an act of the legislature.
Lease
A special kind of contract between a property owner and a person wanting temporary enjoyment and use of the property, in exchange for rent paid to the property owner. Where the property is land, a building, or parts of either, the property owner is called a landlord and the person that contracts to receive the temporary enjoyment and use is called a tenant.
Sale
Contracts. An agreement by which one of the contracting parties, called the seller, gives a thing and passes the title to it, in exchange for a certain price in current money, to the other party, who is called the buyer or purchaser, who, on his part, agrees to pay such price.
Pecuniary
That which relates to money.
Consideration
Under common law, there can be no binding contract without consideration, which was defined in an 1875 English decision as "some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered or undertaken by the other". Common law did not want to allow gratuitous offers, those made without anything offered in exchange (such as gifts), to be given the protection of contract law. So they added the criteria of consideration. Consideration is not required in contracts made in civil law systems and many common law states have adopted laws which remove consideration as a prerequisite of a valid contract.
Tenant
Estates. One who holds or possesses lands or tenements by any kind of title, either in fee, for life, for years, or at will
Freehold
Estates. An estate of freehold is an estate in lands or other real property, held by a free tenure, for the life of the tenant or that of some other person; or for some uneertain period. It is called liberum tenementum, frank tenement or freehold; it was formerly described to be such an estate as could only be created by livery of seisin, a ceremony similar to the investiture of the feudal law. But since the introduction of certain modern conveyances, by which an estate of freehold may be created without livery of seisin, this description is not sufficient.
Bargainee
A person to whom a bargain is made; one who receives the advantages of a bargain.
Release
1) Estates. The "conveyance of a man's interest or right, which he hath unto a thing, to another that hath the possession thereof, or some estate therein." 2) Contracts. A release is the giving or discharging of a right of action which a man has or may claim against another, or that which is his. 3) Releases are of two kinds: 1) Such as give up, discharge, or abandon a right of action. 2) Such as convey a man's interest or right to another, who has possession of it, or some estate in the same.
When
1) At which time, in wills, standing by itself unqualified and unexplained, this is a word of condition denoting the time at which the gift is to continence. 2) The context of a will may show that the word when is to be applied to the possession only, not to the vesting of a legacy; but to justify this construction, there must be circumstances, or other expressions in the will, showing such to have been the testator's intent.
Fee
1) Feudal law. An allotment of land in consideration of military service; land held of a superior, on condition of rendering him service, the ultimate property remaining in him. Oppossed to allodium. 2) An estate of inheritance - the highest and most extensive interest a man can have in a feud.
Joint
United, not separate; as, joint action, or one which is brought by several persons acting together; joint bond, a bond given by two or more obligors.
Single
By itself, unconnected.
SIMILAR TERMS--------------------------------------
Lease
A special kind of contract between a property owner and a person wanting temporary enjoyment and use of the property, in exchange for rent paid to the property owner. Where the property is land, a building, or parts of either, the property owner is called a landlord and the person that contracts to receive the temporary enjoyment and use is called a tenant.
Leased fee estate
An ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others: usually consists of the right to receive rent and the right to repossession at the termination of the lease.
Leasehold
The right to an estate held by lease.
Leasehold estate
The right to use and occupy real estate for a stated term and under certain conditions: conveyed by a lease.
PREVIOUS AND NEXT TERMS--------------------------------------
Leading question
A question which suggests an answer; usually answerable by "yes" or "no". These are forbidden to ensure that the witness is not coached by their lawyer through his or her testimony. Leading questions are only acceptable in cross-examination or where a witness is declared hostile.
League
1) In criminal law, a league is a conspiracy to do an unlawful act. 2) In contracts it is applied to agreements between states. 3) A league is a measure of length, which consists of three geographical miles.
Leakage
The waste which has taken place in liquids, by their escaping out of the casks or vessels in which they were kept.
Leal
Loyal; that which belongs to the law.
Lease
A special kind of contract between a property owner and a person wanting temporary enjoyment and use of the property, in exchange for rent paid to the property owner. Where the property is land, a building, or parts of either, the property owner is called a landlord and the person that contracts to receive the temporary enjoyment and use is called a tenant.
Lease and release
Leased fee estate
An ownership interest held by a landlord with the right of use and occupancy conveyed by lease to others: usually consists of the right to receive rent and the right to repossession at the termination of the lease.
Leasehold
The right to an estate held by lease.
Leasehold estate
The right to use and occupy real estate for a stated term and under certain conditions: conveyed by a lease.
Ledger
Commerce, accounts, evidence. A book in which are inscribed the names of all persons dealing with the person who keeps it, and in which there is a separate account, composed generally of one or more pages for each.
Ledger book
Ecclesiastical law. The name of a book kept in the prerogative courts in England. It is considered as a roll of the court, but, it seems, it cannot be read in evidence.
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This dictionary contains 8526 terms.
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