A straight line relationship by blood, such as grandfather, father and son and which may come into place when determining inheritence rights when a testator dies intestate (without a will). … [Read more...]
LIMITED POWER OF ATTORNEY
See power of attorney. … [Read more...]
LINEAL HEIR
An heir who is a direct descendent. … [Read more...]
LIMITED WARRANTY
Usually in referene to a manufacturer's warranty for a product which is a written guarantee setting forth the limits of the scope of coverage and time limit for which the manufacturer guarantees that the product will operate properly. In the event of failure of the product, the limited warranty will typically limit the remedy to repair or replacement of a defective item. In … [Read more...]
LINEAL WARRANTY
old English law. A warranty by the heir, when he derived title to the land warranted, either from or through, the ancestor who made the warranty. See Warranty. … [Read more...]