TACIT UNDERSTANDING
a term for the unstated and implied understanding without it being committed to writing.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
a term for the unstated and implied understanding without it being committed to writing.
See stealing.
This term is applied to the blanket denial that covers all charges.
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.
a term where one party to a contract needs to carry out his obligation in a set period of time so the other party can carry out their obligations of the contract.
used to describe a suit in a court of equity that will settle all claims of rightful ownership.
a trust where the only action of the trustee is to hand over money and property to the beneficiaries.
the term that applies to a wrong that was committed intentionally.
the service used to bring a boat to port who cannot get there under its own power or aid a vessel in reaching port sooner.
a term that is applied to income that is not taxable.
a person who chnages his sex with an operation.
the responsibility of a third person and not the original defendant or plaintiff.
This phrase is used to describe the violation of decent, moral and honest behaviour and an act of depravity or vileness.
the preliminary clause that states the name of the court and the date when a matter will be heard and tried.
This name applies to the person who is appointed by a court to be the trustee.
See tax exempt.
the term that si given to a bystander, a disinterested party and one not involved in a law suit.
the term that is given to a law that is accepted by the consent of the people rather than a government body.
This phrase is used when transferring property where the new owner agrees to assume to mortgage and secure the former owner against loss.
the name that is given to a tenant who holds a building or land for life as long as he honours the lease provisions.
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