Deed of Trust

A deed of trust is an agreement that is made between a lender and a borrower, to allow a neutral third party to act as a trustee over a piece of property. The trustee holds legal title to the property until the borrower can pay off his debt. As he repays the debt, the borrower keeps the actual title to […]

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Condemnation

The term “condemnation” is used to define the situation wherein a local, state, or federal government seizes a citizen’s property, then compensates the owner for what was seized. An example of condemnation is a piece of property being condemned by the government due to a carbon monoxide leak. The owners of the property will be forced to move out, and […]

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Covenant Marriage

Covenant marriage is a type of marriage that only exists in three U.S. states: Arizona, Arkansas, and Louisiana. Louisiana was the first state to pass such a law back in 1997. In a covenant marriage, the spouses agree to seek pre-marital counseling. They also agree to accept more restrictions insofar as the grounds on which they can file for divorce, […]

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Consequential Damages

Consequential damages are also known as “special damages,” and are damages that are not a direct result of an incident itself, but are instead consequences of that incident. An example of consequential damages would be a driver getting into a car accident because, instead of paying attention to the road, he was focused on another car accident that had just […]

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Bad Faith

The term “bad faith” is used to describe a person’s intent to defraud or deceive. The person may be defrauding or deceiving himself or another person. The concept of bad faith is often associated with “double heartedness,” which essentially means that while a person is acting one way, his intentions are more sinister than they may appear on the surface. […]

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Breaking and Entering

The phrase “breaking and entering” used to go hand in hand with burglary. If someone attempted to enter a building without permission, and with the intention of committing a crime, he could be charged with burglary, and breaking and entering was an element of the crime. Today, no “breaking” is required to charge someone with burglary. Any “entering” into a […]

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