In a legal context, to cancel is to render something otherwise valid as void or no longer in effect. For example, a person might write a check and then destroy it or write “void” across its face; both would successfully eliminate the check’s...
PROPERTY
cancellation
Cancellation is the act of destroying a document by making lines through it, tearing it up, or defacing it with the intention of rendering it void. In contract law, cancellation happens when a party to a contract ends the contract due to the...
cap
A cap is a set limit on some form of income, interest, fees, loan, or benefit. Examples of caps:
A loan can have varying interest rates based on the market, but the loan can have a maximum or cap rate of interest. Businesses can set a...capital gains
Capital gains refers to profits gained from the sale of capital assets. Almost everything someone owns and uses for personal or investment purposes is a capital asset. This includes a home, personal-use items like household furnishings,...
capture doctrine: trusts
The capture doctrine is a theory in trust law that addresses the disposition of ineffectively appointed property under general power. Under the capture doctrine, a power of appointment is invalid or ineffective if there is evidence that the...
causa mortis
Causa mortis is a Latin term referring to the awareness that death is approaching. In property law, when a party, acting with awareness that their death is approaching, gives something to another party, the resulting gift is known as a gift...
caveat emptor
Caveat emptor is a common law doctrine that places the burden on buyers to reasonably examine property before making a purchase. A buyer who fails to meet this burden is unable to recover for defects in the product that would have been...
CC&Rs
CC&Rs refer to covenants, conditions, and restrictions that often come with buying houses, apartments, and other real estate in common interest communities. These communities such as condominiums and co-ops have requirements when created...
cease and desist letter
A cease and desist letter is a cautionary letter sent to an alleged wrongdoer describing the alleged misconduct and demanding that the alleged misconduct be stopped. A cease and desist letter provides notice that legal action may and will be...
certificate of title
A certificate of title is an official document issued by the state, usually a registrar or other public officer, that notes the owner(s) of personal or real property. It serves the purpose of proving the right of ownership, and it typically...