When a debtor formally agrees to repay all or part of a debt that was included in a bankruptcy proceeding after the bankruptcy case is over. For example, a creditor may allow a debtor to keep a car provided the debtor reaffirms the original debt and agrees to pay a percentage. … [Read more...] about REAFFIRMATION
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REAFFORESTED
Where a deafforest-ed forest is again made a forest 20 Car. II. c. 3. … [Read more...] about REAFFORESTED
REAL
In common law. Relating to land, as distinguished from personal property. This term is applied to lands, tenements, and hereditaments. In the civil lair. Relating to a thing, (whether movable or immovable,) as distinguished from a person. Real burden. In Scotch law. Where a right to lands is expressly granted under the burden of a specific sum, which is declared a burden on the … [Read more...] about REAL
REAL ACTIONS
Those which concern the realty only, being such by which the demandant claims title to have any lands or tenements, rents, or other hereditaments, in fee simple, fee tail, or for term of life. 3 Bl. Com. 117. Vide Actions. 2. In the civil law, by real actions are meant those which arise from a right in a thing, whether it be movable or immovable. … [Read more...] about REAL ACTIONS
REAL CONTRACT
com. law. By this term are understood contracts in respect to real property. 3 Rawle, 225. 2. In the civil law real contracts are those which require the interposition of thing (rei,) as the subject of them; for instance, the loan for goods to be specifically returned. 3. By that law, contracts are divided into those which are formed by the mere consent of the parties, and … [Read more...] about REAL CONTRACT
