Honorable Discharge

Honorable discharge is the status a military service member receives when he has successfully and wholly completed the obligations excepted of him or her. For example, honorable discharge means that a veteran is relieved from having to participate in any military service obligations in the future, though being discharged from the military is not the same as being retired. On […]

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Implied Contract

An implied contract is a contract that exists based on the actions of those involved. Though it is not a written or spoken contract, it is just as legal. A contract is assumed to exist based on the behaviors of the parties to it. An example of an implied contract is an implied warranty that goes into effect upon the […]

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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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