The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: R

RUNNING POLICY

A running policy is one which contemplates successive in- surances, and which provides that the object ‘of the policy may be from time to time defined, especially as to the subjects of

REAL CHATTELS

Such as concern, or savor of, the realty, such as leasehold estates; interests issuing out of. or annexed to, real estate; such chattel interests as devolve after the manner of realty. 2

REGULAR CLERGY

In old English law. Monks who lived secundum regulas (according to the rules) of their respective houses or societies were so denominated, in contradistinction to the parochial clergy, who performed their ministry

REAL ACTION

At the common law. One brought for the specific recovery of lands, tenements, or hereditaments. Steph. PI. 3; Crocker v. Black. 10 Mass. 448; Hall v. Decker, 48 Me. 250; Doe v.

REAL-ESTATE AGENT

Any person whose business it is to sell, or offer for sale, real estate for others, or to rent houses, stores, or other buildings, or real estate, or to collect rent for

REASONABLE AID

A duty claimed by the lord of Ihe fee of his tenants, holding by knight service, to marry his daughter, etc. Cowell.

REAL ASSETS

Lands or real estate in the hands of an heir, chargeable with the pavment of the debts of the ancestor. 2 I!l. Comm. 244, 302.

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