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

Category: T

TRUST PRIVATE

a trust for the benefit of certain people that is different from a trust that benefits a charitable organisation.

TWO-PARTY CONSENT

when all parties will consent to a wiretap that is needed in some states for it be lawful.

TOTTEN TRUST

where you put your own money in a bank in your own name as the trustee for another person.

TRUST FUND

This term applies to the property and money that is held in a trust and the property and money that is administered by the trustees.

TENDER OF PERFORMANCE

an offer by a person who has bound himself to fulfill a contract to carry out his obligations.

TRAVERSE COMMON

This term is applied to the flat denial of the charges brought about by the opposing side.

TAKING THE FIFTH

refusing to answer a question on the grounds of self-incrimination. See the fifth amendment.

TEARING OF WILL

a term used to revoke a will by tearing up the paper it has been written on.

TITLE JURISDICTION

the term applied when the title to a mortgaged property is kept by the mortgagee until the owner has paid off the mortgage in full.

TITLE PRESUMPTIVE

the presumed ownership of property that is based on the occupancy of the property rather than the legal right to the title.

TRUST EDUCATIONAL

a trust that will benefit an educational institution or whose money or property will go towards establishing one.

TESTIMONY IMPARTIAL

the term given to evidence that does not favour either party and is offered by a disinterested party.

TEMPERANCE

a term that means the restraint, moderation and to refrain from an excess.

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