Mutual promises
Mutual promises – this term is used in the Contracts Law, where refers to promises, applicable to bilateral agreements, where each contracting party makes a promise towards the opposite party.
Mutual promises – this term is used in the Contracts Law, where refers to promises, applicable to bilateral agreements, where each contracting party makes a promise towards the opposite party.
Mutually acceptable conditions – conditions of a contract that are agreeable by both parties.
Muniment of ownership – this term details a written proof of title of ownership of a movable or immovable asset.
Municipality – this term refers to a public Institution being head authority for a small territory of a concrete country, and including at least 1 town, where the town is the center of the municipality. The municipality provides various services…
Municipal court – in most legal systems this is a synonym of the body of the district court, having authority to hear lawsuits only when raised on the territory of the concrete Municipality; or where provided, on the territory of…
Municipal/Governmental burden – this term is used in the Property Law, where details a legal lien established on a movable or immovable property owned by a concrete person, in order to secure debt collecting in favor of the Municipality (or…
Multiyear agreement – within the sphere of Contracts Law, this term defines an agreement which has been signed to be binding the parties for a long time, usually for more than a year.
Multiplicity of claims – this term is part of the Court Trials, where describes a situation with many claims entered by different claimants, but against one and the same defendant, in relation to a main subject of dispute, and using…
Multiple-party account – this is bank account in local bank, held by two people – usually spouses.
Motive – this term details the actual and concrete reason for a legal action performed.