Legal Terms of : landlord, landlord and tenant, landlord's lien, last will and testament, Late Payments

landlord: a person who owns real property and rents or leases it to another, called a "tenant." See also: lease lessee lessor rent tenant; Landlord is also called a “lessor” of rental property. Landlord essentially allows a tenant to live and use his house, an apartment, or a commercial building, in exchange to monthly or yearly payments. … Full Definition »
Law topic: Commercial Real Estate << Legal issue: Real Estate Law
landlord and tenant: an area of law that regulates the relationship between property owners, called landlords, and their tenants. It regulates the rights and responsibilities of landlords and tenants. … Full Definition »
Law topic: Landlord & Tenant Disputes << Legal issue: Landlord & Tenant Law
landlord's lien: a lien on a tenant's property for the satisfaction of unpaid rent or property damage; the landlord is given the status of a preferred creditor with regard to the tenant's property … Full Definition »
Law topic: Commercial Real Estate << Legal issue: Real Estate Law
last will and testament: Also known as a will. A legally enforceable declaration directing the disposal of a decedent's property. See also: will. … Full Definition »
Law topic: Living Trusts << Legal issue: Trusts & Estate Planning
Late Payments: If you are late with a payment, the 30-180 day delinquency can stay on your credit report for up to 7 years. … Full Definition »
Law topic: Credit Repair << Legal issue: Consumer Protection
Legal Remedy: A legal remedy is the means by which a court of law enforces a right, imposes a penalty, or makes some other court order to impose its will. Other words, it is the way a Plaintiff may enforce his/her right and be compensated by a Defendant for an injury. Because an injured party is seeking for an adequate compensation for his/her loss, legal remedy means … Full Definition »
Law topic: Product Reclamation << Legal issue: Consumer Protection
liability: any legal responsibility, whether corporate or personal. Liability also applies to alleged criminal acts in which the defendant may be responsible for his/her acts which constitute a crime, thus making him/her subject to conviction and punishment. … Full Definition »
Law topic: Medical Malpractice << Legal issue: Professional Malpractice
licensing a patent: A patent licensee does not have to materially breach or terminate a license agreement in order to bring an action against the licensor challenging the patent covered by that agreement.Inc. v. Genentech, Inc., 549 U.S. 118 (2007). … Full Definition »
Law topic: Patent Prosecution << Legal issue: Intellectual Property
licensing a trademark: When a trademark owner licenses a trademark to another party to use but fails to reserve for themselves a right to police and approve said use, this is called “naked licensing” and the mark may be deemed abandoned. Barcamerica International USA Trust v. Tyfield Importers, Inc., 289 F3d 589 (9th Cir. 2002). Licensing your intellectual property – be it … Full Definition »
Law topic: Copyright Infringement << Legal issue: Intellectual Property
licensing copyright: A copyright holder may be able to dedicate certain work to free public use and yet enforce an “open source” copyright license to control the future distribution and modification of that work. Jacobsen v. Katner, 535 F.3d 1373 (Fed. Cir. 2008). Generally, a copyright owner who grants a nonexclusive license to use his copyrighted material waives his right to … Full Definition »
Law topic: Copyright Infringement << Legal issue: Intellectual Property

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acquittal: A jury verdict that a criminal defendant is not guilty, or the finding of a judge that the evidence is insufficient to support a conviction. … Full Definition »

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