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Realty
RealtyAn abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. RELATED TERMS-------------------------------------- Real 1) A term which is applied to land in its most enlarged signification. Real security, therefore, means the security of mortgages or other incumbrances affecting lands. 2) In the civil law, real has not the same meaning as it has in the common law. There it signifies what relates to a thing, whether it be movable or immovable, lands or goods; thus, a real injury is one which is done to a thing, as a trespass to property, whether it be real or personal in the common law sense. A real statute is one which relates to a thing, in contradistinction to such as relate to a person. Realty An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Hereditaments Estates. Anything capable of being inherited, be it corporeal or incorporeal, real, personal, or mixed and including not only lands and everything thereon, but also heir looms, and certain furniture which, by custom, may descend to the heir, together with the land. By this term such things are denoted, as may be the subject-matter of inheritance, but not the inheritance itself; it cannot therefore, by its own intrinsic force, enlarge an estate, prima facie a life estate, into a fee. SIMILAR TERMS-------------------------------------- Real 1) A term which is applied to land in its most enlarged signification. Real security, therefore, means the security of mortgages or other incumbrances affecting lands. 2) In the civil law, real has not the same meaning as it has in the common law. There it signifies what relates to a thing, whether it be movable or immovable, lands or goods; thus, a real injury is one which is done to a thing, as a trespass to property, whether it be real or personal in the common law sense. A real statute is one which relates to a thing, in contradistinction to such as relate to a person. Real actions 1) Those which concern the realty only, being such by which the demandant claims title to have any lands or tenements, rents, or other hereditaments, in fee simple, fee tail, or for term of life. 2) In the civil law, by real actions are meant those which arise from a right in a thing, whether it be movable or immovable. Real contract 1) com. law. By this term are understood contracts in respect to real property. 2) In the civil law real contracts are those which require the interposition of thing as the subject of them; for instance, the loan for goods to be specifically returned. Real estate Physical land and appurtenances affixed to the land: land. Real estate attorney A law school graduate having the right to practice as a lawyer and being specialized in real estate transactions legal area. Real estate law The particular area of the legal profession dealing with real estate disputes and cases. Real poinding Poinding, real or poinding of the ground. Scotch law. Though it be properly a diligence, this is generally considered by lawyers as a species of real action, and is so called to distinguish it from personal poinding, which is founded merely on an obligation to pay. Real property That which consists of land, and of all rights and profits arising from and annexed to land, of a permanent, immovable nature. In order to make one's interest in land, real estate, it must be an interest not less than for the party's life, because a term of years, even for a thousand years, perpetually renewable, is a mere personal estate. It is usually comprised under the words lands, tenements, and hereditaments. Real property is corporeal, or incorporeal. Reality of laws Those laws which govern property, whether real or personal, or things; the term is used in persona opposition to personality of laws. Realm A kingdom; a country. PREVIOUS AND NEXT TERMS-------------------------------------- Real estate Physical land and appurtenances affixed to the land: land. Real poinding Poinding, real or poinding of the ground. Scotch law. Though it be properly a diligence, this is generally considered by lawyers as a species of real action, and is so called to distinguish it from personal poinding, which is founded merely on an obligation to pay. Real property That which consists of land, and of all rights and profits arising from and annexed to land, of a permanent, immovable nature. In order to make one's interest in land, real estate, it must be an interest not less than for the party's life, because a term of years, even for a thousand years, perpetually renewable, is a mere personal estate. It is usually comprised under the words lands, tenements, and hereditaments. Real property is corporeal, or incorporeal. Reality of laws Those laws which govern property, whether real or personal, or things; the term is used in persona opposition to personality of laws. Realm A kingdom; a country. Realty Reason By reason is usually understood that power by which we distinguish truth from falsehood, and right from wrong; and by which we are enabled to combine means for the attainment of particular ends Reasonable Conformable or agreeable to reason; just; rational. Reasonable act This term signifies such an act as the law requires. When an act is unnecessary, a party will not be required to perform it as a reasonable act. Reasonable doubt An accused person is entitled to acquittal if, in the minds of the jury, his or her guilt has not been proved beyond a "reasonable doubt;" that state of minds of jurors in which they cannot say they feel an abiding conviction as to the truth of the charge. Reasonable person A phrase used to denote a hypothetical person who exercises qualities of attention, knowledge; intelligence, and judgment that society requires of its members for the protection of their own interest and the interests of others. Thus, the test of negligence is based on either a failure to do something that a reasonable person, guided by considerations that ordinarily regulate conduct, would do, or on the doing of something that a reasonable and prudent (wise) person would not do. We thank you for using the Juridical Dictionary to search for Realty. If you have a better definition for Realty than the one presented here, please let us know by making use of the suggest a term option. This definition of Realty may be disputed by other professionals. Our attempt is to provide easy definitions on Realty and any other medical topic for the public at large.
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