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Usually refers to purchase and sale of real estate. It is the final stage in the sale of a property, where the buyer pays the seller the final amount remaining on the contract of sale and, in return, obtains the deed of title from the seller. Recording of the deed usually follows the closing. A closing usually consists of the buyer and seller, their attorneys as well as a … [Read more...] about CLOSING

A person who employs or retains an attorney, or counsellor, to appear for him in courts, advise, assist, and defend him in legal proceedings, and to act for him in any legal business. Law Dictionary - Alternative Legal Definition practice. One who employs and retains an attorney or counsellor to manage or defend a suit or action in which he is a party, or to advise him about … [Read more...] about CLIENT

Also known as closing argument or the summation. A summary made by an attorney or prosecutor at the end of a trial, summarizing the case, what has been litigated, and requesting a verdict on their behalf from the trier of fact, the judge or jury. For example, a prosecutor making a closing statement discussing how the evidence presented at court provides conclusive proof for a … [Read more...] about CLOSING ARGUMENT

In old English law. Clientship, the state of a client; and, correlatively, protection, patronage, guardianship. … [Read more...] about CLIENTELA

In a real estate transaction, relates to the settlement of fees, taxes and costs involved in owning the property, e.g. taxes, gas, utility bills. … [Read more...] about CLOSING COSTS