In English ecclesiastical law. The title of a person admitted to a rectory or other benefice will be divested unless within two months after actual possession he publicly read in the church of the benefice, upon some Lord's day, and at the appointed times, the morning and evening service, according to the book of common prayer; and afterwards, publicly before the congregation, … [Read more...]
REAL PARTY IN INTEREST
See real party. … [Read more...]
READY WILLING AND ABLE
Words used to describe a party who is prepared to immediately perform an obligation that is required under a contract. … [Read more...]
REAL POINDING
or poinding of the ground, Scotch law. Though it be properly a diligence, this is generally considered by lawyers as a species of real action, and is so called to distinguish it from personal poinding, which is founded merely on an obligation to pay. 2. Every debitum fundi, whether legal or conventional, is a foundation for this action. It is therefore competent to all … [Read more...]
RATE
A public valuation or assessment of every man's estate; or the ascertaining how much tax every one shall pay. Proportional or relative value, measure, or degree; the proportion or standard by which quantity or value is adjusted. Thus, the rate of interest is the proportion or ratio between the principal and interest So the buildings in a town are rated for insurance purposes; … [Read more...]