Lapse
Lapse – this legal term details for example, a situation in the Inheritance Law representing a failure or legal impossibility for a testator to make a gift that has been detailed in their personal will.
Lapse – this legal term details for example, a situation in the Inheritance Law representing a failure or legal impossibility for a testator to make a gift that has been detailed in their personal will.
Land zoning – this term refers to the public regulation of plots of land to be registered in the related Cadastral Agency or other zoning institution that issues maps (schemes) about concrete real estates.
Land warrant – per the meaning of the Property Law this is the order by the CountyGovernor, which order transfers ownership of a public land towards private individual. This order gets registered in the local Land Register, because it has…
Land trust certificate – within the area of Trust Law, this term details a concluded legal agreement where a trustee is hired to administer real estates for the benefit of the beneficiary of the trust.
Land rent – within the area of the Real Estate Law this term details the legal relations, representing annual lease of plot only for growing agricultural crops.
Land Register – this is one of the names of the property department within the Registration Agency in many countries, with local offices somewhere too. There all properties have been entered with their identification documents, owners, etc., as well all…
Land price insurance – in some jurisdictions, this term refers to an insurance policy indemnifying the owner against drop of price of the real estate in the future, for a certain period of years.
Land patent – this term describes a document for transfer of title (ownership) on a governmental or municipality plot – usually towards local private individuals. In many countries such a document could be in the form of an order by…
Landlord’s Waiver – this term refers to a critical document in the asset-based lender’s loan documentation.
Landlord’s burden – in some legal systems this term refers to a legal burden, established on the tenant’s movable assets in favor of the landlord, who receives a status of a privileged creditor on these. The role of this legal…