Assign is the act of transferring rights, property, or other benefits to another party (the assignee) from the party who holds such benefits under contract (the assignor). This concept is used in both contract and property law.
Contract...property law
assumable mortgage
Assumable mortgage is a term for mortgages that can be transferred to another person. If a mortgage is assumable, the selling owner transfers the title and mortgage to the buyer instead of the buyer getting a different mortgage. This process...
attractive nuisance
Attractive nuisance is a dangerous condition on a landowner's property that may particularly attract children onto the land and pose a risk to their safety. The attractive-nuisance doctrine imposes a duty on property owners to treat...
autopsy
Autopsy, borrowed from the Greek autopsia, meaning “the act of seeing with one’s own eyes” means the detailed medical examination, and/or dissection of a dead body to determine the cause of death, or for any scientific and medical purpose....
avulsion
Avulsion refers to water quickly submerging land or moving land to another location. In most situations under state property law, land moved by avulsion continues to be the property of the owner of where the land originally was located. For...
bailment
A 'bailment' is defined as a non-ownership transfer of possession. Under English common law, the right to possess a thing is separate and distinct from owning the thing. Interestingly, as a result of this distinction, in some jurisdictions,...
bailor
A bailor is a person or party who delivers a bailment. A bailor entrusts personal goods or other property to a bailee until its restoration to the bailor. That entrustment is temporary, and the bailor only relinquishes possession of the good...
bankruptcy fraud
Bankruptcy fraud is a white-collar crime that commonly takes four general forms:
A debtor conceals assets to avoid having to forfeit them. An individual intentionally files false or incomplete forms. Including false information on a...beneficial owner
Beneficial owner is a person or entity who ultimately owns or controls an interest in a legal entity, such as a security, property, or interest in a trust.
In the Securities context, for example, individuals who are...
beneficiary
A beneficiary is an individual who receives benefits from a transaction via a contract (such as an insurance policy), a will, or trust.
Wills and Trusts:A beneficiary is an individual named in a will, revocable trust, or...