Property Control Trust at Legal Glossary What is it? Any trust that imposes limits or controls over the rights of trust beneficiaries.
Property law is the area of law that governs the various forms of ownership in real property (land as distinct from personal or movable possessions) and in personal property, within the common law legal system.
Property Damage
Any form of injury or damage caused to the property, either personal or real, due to negligence or intentionally by the person who is not the owner or that can happen naturally.
Property Damage Liability Coverage: Automobile insurance coverage required under Pennsylvania law that provides money to pay claims if your car damages the property of another person.
Lost Property
Related Category: Legal Terms and Concepts
see finder.
More on Lost Property
Finder - in law. Ordinarily the finder of lost property is entitled to retain it against anyone except the owner.
Real Property definition:
A property interest in land.
Related Terms: Real Estate, Real Obligation, Immovable, Fixtures, Chattel, Personal Property, Mobilia Sequuntur Personam, Immobilia Situa ...
Real property Land - buildings
For legal advise regarding Real property Land, you can contact our legal staff via phone (800) 341-2684 or email myweblawyer@aol.com .
Joint Property: Sometimes called joint tenancy. Property that names a co-owner on its deed or title. Co-owners retain ownership of the property upon the death of a co-owner.
Exempt Property: In bankruptcy proceedings, this refers to certain property protected by law from the reach of creditors.
1) Property that a person acquires after taking on a debt, which becomes additional collateral for the debt. Typically, this occurs when the debtor has signed an agreement pledging all property as security for the debt. 2) Property acquired by a ...
LEASED PROPERTY - Property that is owned by a lessor or landlord and rented to a lessee or tenant who receives rights of use and possession in accordance with the terms of a lease agreement.
Personal Property: Defined by the law as "things movable." This is distinguished from the term "real property," which includes things such as trees, buildings and land.
Petition: A formal request that the court take some action; a complaint.
Intellectual Property is the term given to various forms of protection against infringement by unlawful copying, reproduction or other forms of "theft" of intangible aspects of a product, service or business.
PropertyAnything over which the rights of possession, use, and enjoyment are exercised. Real Property Used to describe land and anything attached to the land.
Property Division: The distribution of property accumulated by spouses as a result of their joint efforts during the marriage. Sometimes referred to as a "property settlement."
Prothonothary: The court clerk in charge of civil filings.
Property tax - A tax levied on land and buildings (real estate) and on personal property.
Proprietor - Owner; person who has legal right or title to anything.
Property
Property is commonly thought of as a thing which belongs to someone and over which a person has total control. But, legally, it is more properly defined as a collection of legal rights over a thing.
Property Tax
Generally, tax levied on both real and personal property.
Prorate
To divide in proportionate shares, such as taxes, insurance, rent, or other items.
Property Settlement Agreement
An agreement setting forth an agreed division of property owned or acquired by spouses during their marriage; post-nuptial agreement.
Proximate Cause
That which in natural sequence produces an injury.
Property
This is everything a person owns. Property is commonly thought of as a thing which belongs to someone and over which a person has total control. But, legally, it is more properly defined as a collection of legal rights over a thing.
PROPERTY GUARDIAN: Person appointed to oversee property left to a minor in a will. Distinguished from a personal guardian.
Property Bond - A signature bond secured by mortgage or real property.
Pro Se - In one's own behalf, commonly used to refer to a party representing himself or herself in a court action, instead of being represented by an attorney.
Property law
Main article: Property law
A painting of the South Sea Bubble, one of the world's first ever speculations and crashes, led to strict regulation on share trading.[44] ...
Real Property Law
law dealing with "property" consisting of land, buildings, crops, or other resources still attached to or within the land or improvements or fixtures permanently attached to the land or a structure on it.
Real Property:
Immovable property such as a building and land.
Realization:
The amount of money received from the sale of assets.
Real property Land, buildings, and whatever is attached or affixed to the land. Generally synonymous with the words "real estate." ...
REAL PROPERTY, That which consists of land, and of all rights and profits arising from and annexed to land, of a permanent, immovable nature.
real property Property consisting of land, together with anything growing on the land and any structures erected on the land; as distinguished from personal property.
Term: Property Settlement Agreement
Definition: An agreement setting forth an agreed division of property owned or acquired by spouses during their marriage; post-nuptial agreement.
Exempt property -All the property of a debtor which is not attachable under the Bankruptcy Code or the state statute.
Exhibit -A document or other item introduced as evidence during a trial or hearing.
EXEMPT PROPERTY --
1. Personal property that the surviving spouse of a decedent is automatically entitled to receive from the decedent’s estate.
MARITAL PROPERTY: includes all property acquired during the marriage, even if it is not titled in both names, with some exceptions.
MASTER: hears cases like a judge. A master's decision is reviewed by a judge before becoming final.
MARITAL PROPERTY: includes all property acquired during the marriage.
MASTER: hears cases like a judge. A master's decision is reviewed by a judge before becoming final.
MOTION: a request to the court.
Real Property Real property, as contrasted with personal property (also called personalty), is land together with the buildings and fixtures on the land.
abandoned property - Property over which the owner has given up dominion and control with no intention of recovering it.
Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would be a servient tenement.
property or other legal rights that do not absolutely require formal registration in order to enforce them.
Property that belongs to no person, and which may be claimed by a finder. In some states, the government becomes owner of all bona vacantia property.
Bond (Supersedeas): ...
real property
n. 1) all land, structures, firmly attached and integrated equipm...
realty
n. a short form of "real estate." ...
Marital property
Definition
: property acquired by either spouse during the course of a marriage that is subject to division upon divorce ...
TANGIBLE PROPERTY.
That which may be felt or touched; it must necessarily be corporeal, but it may be real or personal. A house and a horse are, each,... more ...
Personal Property:
Property that is not real property; things moveable, also known as chattels.
Personation:
To assume the identity of, with intent to deceive.
Eligible Property: Property that meets the criteria for inclusion in the National Register of Historic Places but is not formally listed.
The personal property of a person dying intestate devolves according to an entirely different set of rules (see Intestacy). In Scotland the rules of descent differ from the above in several particulars.
Defense of property - Affirmative defense in criminal law or tort law where force was used to protect one's property.
Deficient - Incomplete; defective; not sufficient in quantity or force.
Patrimony. Property received from one's father, or ancestors. Whence patrimonial. See Descent.
Real Property - Land and everything that is permanently affixed to it.
Receiver - A person who is appointed by a court to receive, and hold in trust, property in litigation.
Chattels: All property except real property; personal property. For example: jewelry, clothing, furniture, and appliances.
Child: Any person under the age of sixteen (16) years of age.
**res mancipi - property subject to transfer by mancipatio (i.e., land subject to Roman ownership, slaves, beasts of draft and burden, and rustic servitudes belonging to land subject to Roman ownership).
of evidence when it is feared that the person with that evidence may soon die or disappear and that this person's evidence, if recorded, could then be used in the future to prevent a possible injustice or to support a future claim of property.
In estate law, the word may refer more specifically to a situation where property identified in a will cannot be given to the beneficiary because it had to be sold to pay off the deceased debts.
Tenancy in common is a form of property ownership. Each tenant in common owns a distinct share in the property.
in rem jurisdiction: a basis for the court to adjudicate rights in property between specific persons; the controversy may or may not relate to the property.
where there is property valued at $10,000 or more with the intent to collect insurance proceeds.
First degree arson is a class A felony offense.
Restitution - An amount of money determined by the Court, which directs the juvenile defendant, or in some cases, the juvenile's parents, to pay the person who suffered property loss or injuries caused by the crime.
The right of quiet enjoyment is the right of a tenant to enjoy a rented property without intrusion or disturbance by the landlord. For example, a landlord does not have the right to turn up unannounced to check up on a tenant and the property.
BOND - In criminal law, a surety bond puts up money or property that assures the appearance of the defendant or the payment of the defendant's bail if the defendant fails to appear.
due processThe guarantee of due process requires that no person be deprived of life, liberty, or property without a fair and adequate process.
Self-Defense - The protection of one's person or property against some injury attempted by another. The law of "self-defense" justifies an act done in the reasonable belief of immediate danger.
ASSIGNOR A person who assigns or transfers property to another. (Grantor).
ATTACHMENT A legal process or seizing another's property in accordance with a judicial order for the purpose of securing satisfaction of a judgment yet to be rendered.
 See also: Law, Person, State, Court, Information
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