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O

OCCUPATIVE

by Law Professor

Possessed; used; employed. … [Read more...] about OCCUPATIVE

ODD LOT

by Law Professor

A stock unit that consists of less shares than the usual block of 10 or 100 which are typically sold. … [Read more...] about ODD LOT

OCCUPAVIT

by Law Professor

Lat. In old English law. A writ that lay for one who was ejected out of his land or tenement in time of war. Cowell. … [Read more...] about OCCUPAVIT

ODHAL

by Law Professor

Complete property, as opposed to feudal tenure. The transposition of the syllables of "odhal" makes it "allodh," and hence, according to Blackstone, arises the word "allod" or "allodial," (q. v.) "Allodhn is thus put in contradistinction to "fecodh.V Mozley A Whitley. … [Read more...] about ODHAL

OCCUPIER

by Law Professor

One who is in the enjoyment of a thing. 2. He may be the occupier by virtue of a lawful contract, either express or implied, or without any contract. The occupier is, in general, bound to make the necessary repairs to premises he occupies the cleansing and repairing of drains and sewers, therefore, is prima facie the duty of him who occupies the premises. … [Read more...] about OCCUPIER

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