Download e-book for iPad: A Plain English Guide to Legal Terms by National Adult Literacy Agency

By National Adult Literacy Agency

ISBN-10: 187173729X

ISBN-13: 9781871737295

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The official address where documents can be served on a company. Rebuttable presumption Presumed fact based on the proof of other facts. Receiver Someone appointed to sell assets to raise money to repay lenders. Receiving Gaining control of stolen property. Recognisance An undertaking, given by someone to a court, to make sure that they do what the court requires. Record The documents in a court case from beginning to end. Recovery Regaining possession of land by taking court proceedings. Redemption Paying off all the money borrowed.

Futures contract A binding contract to buy or sell something on a date in the future at a fixed price. Grant of probate G Gross negligence Garnishee Act or omission in reckless disregard of the consequences for the safety or property of another. Person who owes a third party a debt which is attached by court order for the benefit of a judgment creditor. Garnishee order A court order to a third party who owes money to a judgement debtor to pay the money to the judgement creditor. Guarantee A promise by a person to repay a debt owed by a second person if the second person fails to repay it.

In personam* All legal rights are either in personam or in rem. An in personam right attaches to a particular person. 35 A Plain English Guide to Legal Terms In rem* Injunction In rem rights relate to property and are not based on any personal relationship. Court order that forbids a party to do something (prohibitory injunction) or compels him to do something (mandatory injunction). Incorporeal Intangible legal rights, such as copyrights or patents. Incorporeal hereditament Intangible property rights which may be inherited such as easements and profits à prendre.

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A Plain English Guide to Legal Terms by National Adult Literacy Agency

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