L

The name of an Italian coin, of the value of about eighteen cents. … [Read more...] about LIRA

According to language; following expression in words. A literal construction of a document adheres closely to its words, without making differences for extrinsic circumstances; a literal performance of a condition is one which complies exactly with its terms. Literal contract. In Roman law. A species of written contract, in which the formal act by which an obligation was … [Read more...] about LITERAL

A suit; an action; a controversy in court; a dispute. Lat. A controversy or dispute; a suit or action at law. Lis alibi pendens. A suit pending elsewhere. The fact that proceedings are pending between a plaintiff and defendant in one court in respect to a given matter is frequently a ground for preventing the plaintiff from taking proceedings in another court against the same … [Read more...] about LIS

The cause of the suit or action. By this term is understood the commencement of the controversy, and the beginning of the suit. … [Read more...] about LIS MOTA

(A) Latin term for a lawsuit pending which may refer to any pending lawsuit. It may also refer to a written notice concerning a dispute over title and ownership interest of real property and is usually filed in the county land records office where the property is located. It functions to alert potential purchasers of the property of another potential ownership interest and … [Read more...] about LIS PENDENS