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FLIPPING REAL ESTATE

by Law Professor

When a real estate investor buys a property to hold for the short term with the intention of reselling it for profit and not for use. … [Read more...] about FLIPPING REAL ESTATE

FLOAT

by Law Professor

(A) The time it takes from when a check is deposited until it clears and is deducted from the drafter's account. See check kiting. (B) In American land law, especially In the m western states. A certificate authorizing the entry, by the holder, of a certain quantity of land not yet specifically selected or located. … [Read more...] about FLOAT

FLOATABLE

by Law Professor

Used for floating. A floatable stream is a stream used for floating logs, rafts, etc. Gerrish v. Brown, 51 Me. 260, 81 Am, Dec. 569; Gaston v. Mace, 33 W. Va. 14, 10 S. E. 60, 5 L. R. A. 392, 25 Am. St. Rep. 848; Parker v. Hastings, 123 N. a 671, 31 S. E. 833. … [Read more...] about FLOATABLE

FLAGRANS

by Law Professor

Lat. Burning; raging; in actual perpetration. Flagrans helium. A war actually going on. Flagrans crimen. In Roman law. A fresh or recent crime. This term designated a crime in the very act of its commission, or while it was of recent occurrence. Flagrante hello. During an actual state of war. Flagrante delloto. In the very act of committing the crime. 4 Bl. Comm. 307. … [Read more...] about FLAGRANS

FLAGRANS CRIMEN

by Law Professor

This, among the Romans, signified. that a crime was then or had just been committed for example, when a crime has just been committed and the corpus delictum is publicly exposed; or if a mob take place; or if a house be feloniously burned, these are severally flagrans cri men. 2. The term used in France is flagrant delit. The code of criminal instruction gives the following … [Read more...] about FLAGRANS CRIMEN

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