Original precedent – this legal term applies within the Common Law systems. There in the Court Trials details an initial precedent, that creates and applies a new legal rule to be obeyed in future similar cases (once the decision enters…

Original power of attorney – this is the initial power of attorney signed by the client towards their hired lawyer. It is important to be detailed here that power of attorney, per the Bulgarian law could be signed only to…

Original documentary check – this term describes the legal check performed by a lawyer about a certain document (for example a validity of a concrete Title Deed), where the lawyer check the validity of the document, its content, the current…

Original acquisition – in the Property Law this term describes the process of creation of new proprietary personal right – for example, the purchase of brand new apartment that has just been constructed to rough completion, which individualizes it as…

Orphan – the term in the sphere of Family Law in many legal systems refers to the figure of a person who has lost one or both of his or her natural parents, usually being care of the Social Security…

Ordinary shares (common stock) – in the area of Corporate Law, this term defines of these general shares with an equal price that bear equal rights and obligations. For example, this is the right to receive dividends and to vote…

Ordinance – this term details the executive decision of a government which has not been subjected to the Parliament, contradicting to a statute. It is often detailed and not, as would be a statute, of general wording or application. Synonym…

Order of possession – this term is used in the Court trials in many legal systems, where details a court order, allowing the State Authorities to use real estates for public purposes. See also http://www.expertlaw.com/library/real_estate/adverse_possession.html