Presentment – in the area of Banking Law this term refers to the procedure of placing an order for payment of a promissory note at the time when it is due. The party which expects to receive payment, presents the…

Present interest – in the area of Property Law in some jurisdictions, this term refers to the unlimited legal right of use of movable property or real estate. In other words, the possessor can manage the property, to operate with…

Present inheritants – in the sphere of Inheritance Law, this term details the figure of the present live heirs who appear at the time of death of the testator/inheritor. They have the capacity to inherit his left assets, which will…

Prescriptive rights – in the area of Property Law, this term details the legal rights of passing, that are established for public use. The term is similar to prescriptive easement, which refers to easement established on somebody’s plot in favor…

Prescriptive easement – this term is used in the sphere of Real Estate Law. In some jurisdictions, the prescriptive easement represents an easement, established upon somebody’s real estate. It is acquired by continued usage by tenant for concrete period without…

Prescription – this legal term details a method of acquiring legal rights through the silence of the recent property owner. Known in the Common Law jurisdiction as “statute of limitations.” When used in a real property context, the term refers…

Prescribable – within the area of Property Law this legal term details an asset that could be achieved via preclusion of deadlines (if the property is used all this time by the person pretending the ownership).

Prerogative writs – this legal term is used in the Court Trials in some jurisdictions, where refers to these orders, for which the court decide if they should issue it or not. I.e. the court is not obliged by the…

Prerogative orders – within the area of Court Trials the prerogative orders are types of writs, issued on the sole incretion of the judge, and not absolutely requested by the processual rules. I.e. the judge has to decide if she/she…

Preponderance – this legal term is mostly used in Court Trials, where refers to an evidence that persuades a judge or jury to lean to one side as opposed to the other during litigation cases. Also in many jurisdictions, criminal…