TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
1. Soil; earth; a portion of the earth's surface appropriated to private use and under cultivation or susceptible of cultivation. Though this term is sometimes used in conveyances and in statutes as equivalent to "land," it is properly of a more limited signification, because it applies strictly only to the surface, while "land includes everything beneath the surface, and … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
In old European law. A pledge. Spelman; Calvin. A custom. Spelman. Spelled also "wadla." … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
This is the grand total of all the assets of an estate. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
The bottom floor. In general usage, the start of something, usually a venture where one can buy into an opportunity before it increases in value and becomes prohibitive to enter. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
contracts. He lo whom a guaranty is made. 2. The guarantee is entitled to receive payment, in the first place, from the debtor, and, secondly, from the guarantor. He must be careful not to give time beyond that stipulated in the original agreement, to the debtor, without the consent of the guarantor; the guarantee should, at the instance of the guarantor, bring an action … [Read more...]