Law

Restraining Order: Temporary Legal Protection
A restraining order is a court order granted without notice or hearing that demands the preservation of the status quo until a hearing can be held to determine the propriety of injunctive relief, temporary or permanent. It is often referred to as a Temporary Restraining Order (TRO).
Restraint of Trade: An Overview of Legal Implications and Market Dynamics
Restraint of trade refers to illegal restraints in common law and antitrust laws that interfere with free competition in commercial transactions, restrict production, affect prices, or control the market to the detriment of consumers.
Restraint on Alienation: Property Interest Restrictions
A comprehensive examination of the legal concept of 'restraint on alienation,' which outlines restrictions on the ability to convey real property interests, often in contradiction with the common law policy favoring free alienability.
Restriction: General and Real Estate Contexts
A deep dive into the concept of restriction, including its general meaning and specific implications in real estate.
Retainer: Payment in Advance for Services
A detailed examination of the concept of a retainer, a type of payment made in advance to secure the services of professionals such as attorneys and consultants. This entry explores its legal implications, variations, historical background, and practical applications.
Reversal: Change in Direction in Various Contexts
A comprehensive overview of the concept of 'Reversal' across different fields such as stock markets, accounting, business events, and legal proceedings.
Reversion: Future Property Interest
Reversion refers to the interest that remains with a property owner who has granted an estate less than their own full interest. This interest allows them to regain the property at some point in the future.
Reversionary Interest: Property Rights Upon Estate Termination
A comprehensive overview of Reversionary Interest, a type of property interest that reverts to the original owner upon the end of a preceding estate.
Revocation: Recall of Authority, Cancellation of Instruments or Offers
Revocation refers to the recall of authority previously conferred, the cancellation of a previously effective instrument, or the termination of an offer which nullifies the power of acceptance.
RICO: Racketeer Influenced and Corrupt Organizations Act
An in-depth exploration of the Racketeer Influenced and Corrupt Organizations Act (RICO), its legal framework, historical context, applicability, and detailed implications in law enforcement and organized crime.
Right of Rescission: Consumer Protection in Credit Contracts
The Right of Rescission is a provision granted by the federal Consumer Credit Protection Act of 1968, which allows consumers to void a credit contract within three business days, ensuring a full refund of any downpayment and without penalty.
Right of Survivorship: Legal Doctrine in Joint Tenancy
The Right of Survivorship is a legal doctrine that allows a surviving joint tenant to acquire the interest of a deceased joint owner, primarily observed in Joint Tenancy and Tenancy by the Entirety.
Robinson-Patman Act: Antitrust Acts
The Robinson-Patman Act is a United States federal law that aims to prevent anticompetitive practices by prohibiting discriminatory pricing. This act is part of a broader range of antitrust laws intended to promote fair competition.
Rule Against Perpetuities: Legal Limitation on Property Interests
The Rule Against Perpetuities is a legal principle that ensures that a contingent interest in property must vest no later than 21 years after the death of a relevant measuring life, preventing indefinite control of property across generations.
Ruling: Advance Ruling from the IRS and Court Decisions
Detailed explanation of IRS advance rulings and court decisions, including their definitions, types, historical context, applicability, and FAQs.
Run with the Land: Legal Concept and Applications
A comprehensive overview of the legal concept 'Run with the Land,' explaining the nature of rights or restrictions that affect all current and future property owners.
SALE: Comprehensive Overview of Exchange of Goods and Services for Money
Detailed explanation of SALE in various contexts such as general exchange, finance, law, marketing, and securities, including historical context, industry application, related terms, and FAQs.
Sales Contract: Definition and Explanation
A Sales Contract is a legally binding agreement between a buyer and a seller outlining the terms and conditions for the sale of goods or services.
Satisfaction of a Debt: Release and Discharge of an Obligation
Comprehensive explanation of the satisfaction of a debt, detailing the process of releasing and discharging financial obligations through performance execution.
Scienter: Understanding Guilty Knowledge in Legal Contexts
Scienter refers to the knowledge of operative facts, often implying a guilty mind or intent, particularly in cases involving fraud.
Scope of Authority: Comprehensive Definition
In the law of agency, the scope of authority includes acts necessary for the accomplishment of the agency's goal, encompassing both actual and implicit delegations by the principal.
Scope of Employment: Legal Definition and Implications
An in-depth examination of the 'Scope of Employment,' a legal concept used to determine employer liability for the actions of employees performed within their job duties.
Seal in Common Law: Legal Impression and Significance
An in-depth exploration of the concept of a seal in common law, its historical context, significance, and modern-day applications.
Secured Transaction: An Overview of Security Agreements and Interests
A comprehensive guide to secured transactions, involving security agreements where personal or real property is pledged as collateral for performance or debt.
Securities Act of 1933: Foundation of U.S. Securities Market Regulation
An in-depth analysis of the Securities Act of 1933, detailing its importance as the first federal legislation to regulate securities markets in the United States, its requirements for registration and disclosure, and its anti-fraud provisions.
Securities Exchange Act of 1934: Governing Securities Markets
The Securities Exchange Act of 1934 governs the securities markets, prohibiting misrepresentation, manipulation, and other abusive practices while establishing the Securities and Exchange Commission (SEC).
Security Interest: A Detailed Examination
In-depth exploration of Security Interest, covering its definition, types, legal implications, application, historical context, related terms, and frequently asked questions.
Seisin: Possession of Realty
Seisin refers to the possession of real property by an individual who claims ownership of a fee simple estate, a life estate, or another sellable interest. See also: Title.
Self-Help: Legal Context in Leasing and Default Remedies
An in-depth exploration of self-help measures by landlords to address lease defaults, their legality, examples, and contrasting them with formal eviction procedures.
Separate Property: Definition and Implications in Community Property States
An in-depth exploration of separate property in community property states, including definitions, types, tax implications, historical context, and critical comparisons with community property.
Setoff: Definition and Applications
A comprehensive exploration of Setoff in general and tax law contexts, covering counterclaims by defendants against plaintiffs, independent causes of action, and balancing obligations.
Settle: Payment, Resolution, and Completion
A comprehensive guide to the concept of 'Settle' in different contexts including general, legal, and securities.
Settlement: Various Definitions and Applications
A comprehensive exploration of the term 'settlement' in the contexts of estate distribution, legal negotiations, and real estate transactions.
Settlor: The Creator of a Trust
The Settlor is the person who establishes a trust, transferring assets to a trustee for the benefit of designated beneficiaries. This term is also known as donor, trustor, or grantor.
Severalty Ownership: Individual Ownership of Real Property
Severalty ownership is a legal concept referring to the ownership of real property by a single individual, distinct from co-ownership arrangements.
Severance Damages: Compensation for Diminished Property Value Due to Condemnation
Severance Damages are a form of compensation awarded to property owners when a portion of their property is condemned, diminishing the value or usability of the remaining property.
Short Form: An Overview in Law and Taxation
Short form refers to an abbreviated document used in law and federal taxation. In law, it serves as a concise version of a longer document, while in taxation, it applies to specific federal income tax forms such as the 1040A and 1040EZ.
Shyster: An Unscrupulous Business Person
Definition of Shyster as an unscrupulous business person, often used in connection with the law profession. Detailed information including history, examples, and related terms.
Single Taxpayer: Definition and Tax Implications
A comprehensive overview of what constitutes a Single Taxpayer, including definitions, tax implications, special considerations, examples, and related terms.
Slander: Oral Defamation
Slander pertains to the act of defamation through spoken words that can damage another person's reputation. It includes direct defamatory statements (slanderous per se) and those that require external context (slanderous per quod).
Small Claims Court: Overview and Importance
A comprehensive guide to understanding Small Claims Court, a court of limited jurisdiction where claims for relatively small amounts are settled on an informal basis.
Small Claims Division: Tax Court Simplified
Understand the Small Claims Division in Tax Court, where taxpayers can resolve disputes involving tax liabilities under $10,000 in a less formal setting.
SPA (Società Per Azioni): The Italian Designation for a Corporation
An in-depth look at SPA (Società Per Azioni), the Italian designation for a corporation, its structure, legal implications, advantages, and its role in the Italian business environment.
Special Master: Expert Appointee in Legal Matters
A Special Master is a person recognized for their expertise, appointed by a court to help understand and potentially resolve a complex matter.
Special Warranty Deed: Limited Title Warranty
A Special Warranty Deed provides a warranty of title limited to claims arising by, through, or under the grantor, excluding defects existing before the grantor's ownership.
Specific Lien: Charge Against a Certain Piece of Property
A specific lien is a legal claim against a particular piece of property making it a security for the payment of a debt, typically arising from unpaid taxes, mortgages, or legal judgments.
Specific Performance: Remedy for Breach of Contract
Specific performance is a legal remedy that requires a party guilty of a breach of contract to fulfill their obligations under the contract.
Springing Power of Attorney: Conditional Authorization
A Springing Power of Attorney is a specialized legal document that becomes effective only upon the occurrence of a specified event, such as the incapacity of the principal.
Squatter's Rights: Legal Allowance to Use the Property of Another
Squatter's Rights involve the legal allowance for individuals to use a property they do not own. Over time, and under certain conditions, this may result in the acquisition of legal title to the property through adverse possession.
Standard of Care: Professional Conduct Expectations
A comprehensive overview of the Standard of Care in professional practice, detailing the duties, expectations, examples, and implications within various fields.
Stare Decisis: Legal Principle of Judicial Precedent
Stare Decisis is a fundamental legal principle wherein courts rely on established judicial precedents when deciding cases with similar issues.
Statute: Written Law by Legislature
A statute is a written law enacted by a legislature under constitutional authority that governs conduct within its scope. Statutes are designed to prescribe behavior, define crimes, create government bodies, appropriate funds, and promote the public welfare.
Statute of Frauds: Legal Requirements for Certain Contracts
A comprehensive overview of the Statute of Frauds, a statutory requirement mandating that certain kinds of contracts must be in writing to be enforceable.
Statute of Limitations: Time-Bound Legal Restrictions
An overview of the statute of limitations, a law that sets the maximum time after an event within which legal proceedings may be initiated.
Statute of Limitations: Understanding the Time Limits for Legal Actions
The statute of limitations sets the timeframe within which legal parties must act to enforce their rights or be barred from doing so later. Includes tax, legal actions, and more.
Statute of Limitations (SOL): Legal Time Limits
A comprehensive overview of the statute of limitations, its purpose, various types, and applications across different areas of law.
Statutory Merger: Legal Combination of Corporations
A statutory merger is a legal combination of two or more corporations where only one corporation survives as a legal entity. It differs from statutory consolidation, where all companies involved cease to exist, and a new entity is created.
Statutory Notice: Legal Notification Period
Statutory Notice is the period of time required by law to give notice of the date that something will occur. This entry explores its definitions, types, applications, and legal considerations.
Steering: Illegal Practice of Limiting the Housing Shown to a Certain Ethnic Group
Steering is an illegal practice in real estate wherein real estate agents guide prospective home buyers towards or away from certain neighborhoods based on their ethnicity, race, or other discriminatory factors.
Stipulation: Legal Term in Contracts
A stipulation is a specific condition or requirement that is included in a written contract or agreement. It outlines the obligations, actions, or provisions that one or more parties must adhere to.
Stool Pigeon: Spy or Police Informant
A 'stool pigeon' is a term used to describe a spy or police informant who betrays another person's confidences to the authorities.
Straw Man: Concealed Property Purchaser
An individual who buys property and then transfers it to another person to hide the identity of the ultimate purchaser.
Strict Product Liability: Legal Implications and Framework
An in-depth exploration of Strict Product Liability, encompassing its definition, legal basis, applicability, historical context, and comparison with other liability doctrines. Detailed insights into how this concept affects manufacturers, distributors, and sellers.
Sublet: To Lease from Under a Lease
Subletting involves a tenant leasing a property to another party while still holding the original lease with the landlord.
Subordination: Establishing Priority of Claims and Debts
Subordination involves the establishment of priority between claims, debts, liens, and other interests, which can significantly impact financial and legal transactions.
Subpoena: Understanding Court Issued Writs
A subpoena is a legal document issued by a court that compels the appearance of a witness or the production of documents for a judicial proceeding under the authority of the court.
Subsurface Rights: An In-Depth Look at Mineral Rights
Understanding subsurface rights, often referred to as mineral rights, which pertain to the ownership and usage rights beneath a plot of land, including minerals, oil, and gas.
Suit: A Legal Proceeding to Pursue a Remedy
A comprehensive guide to suits in legal proceedings, their types, historical context, examples, applicability, and more.
Summary Possession: Legal Eviction Process
Summary possession, commonly known as eviction, is a legal process in which a landlord removes a tenant from rental property for reasons specified by law.
Summons: A Mandate Requiring Defendant's Appearance
A detailed overview of a summons, a legal mandate requiring the appearance of the defendant under penalty, used primarily to notify the defendant of a lawsuit.
Sunset Provision: Self-Expiration Condition in Legislation
A Sunset Provision is a condition within a law or regulation, stipulating its expiration on a specified date unless it is actively renewed by further legislation.
Sunshine Law: Ensuring Transparency in Government
Understanding the Sunshine Law, which mandates public access to government meetings and decisions to promote transparency and accountability.
Supreme Court: The Highest Appellate Court in the U.S.
The Supreme Court is the highest appellate court or court of last resort in the federal court system and in most states, reviewing the constitutionality of tax laws and other critical legal matters.
Survivorship: Ownership Rights Upon Death of a Joint Tenant
Survivorship refers to the right of a joint tenant or tenants to obtain ownership rights following the death of another joint tenant, thereby preventing the heirs of the deceased from making ownership claims against the property.
Taking: Legal Concepts in Land Acquisition and Land Use Law
Taking refers to the acquisition of a parcel of land through condemnation or the application of police power restrictions so restrictive that they preclude any reasonable use.
Tangible Personal Property: Definition and Examples
Tangible Personal Property refers to assets that can be seen, touched, and measured but are not categorized as real estate. This article explores the definition, types, examples, and key considerations in distinguishing between tangible personal property and real estate.
Tax Evasion: An Overview of Illegally Avoiding Tax Obligations
Tax Evasion involves illegal practices to escape paying taxes. Learn about methods, legal implications, examples, historical context, and more.
Tax-Exempt Organization: An Overview
Explore the detailed definition of a Tax-Exempt Organization, its types, historical context, and its significance in various sectors.
Tenancy: Understanding Property Possession Rights
Comprehensive explanation of tenancy, including the right to possess real estate, lease or title, landlord-tenant relationships, and related terms such as joint tenancy and tenancy in common.
Tenancy at Sufferance: Lawful Tenant Overstaying Their Lease
A detailed examination of tenancy at sufferance, a situation where a lawful tenant wrongfully remains in possession of the property after the lease has expired, along with its legal implications, examples, and historical context.

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