Legable refers to the ability of something, typically property, to be passed on to another individual upon the owner’s demise. It is akin to expressing that something is capable of being inherited.
Definition:
Legable, adj. (of property) capable of being transferred to heirs or beneficiaries through a will or inheritance.
Examples:
Property that is fully owned by an individual, such as a house, is considered legable. However, property that is still under a financing arrangement, like a car, is not legable until the loan is fully paid off.
Explanation:
Legable property refers to assets that can be inherited or passed down to heirs through a will. This category includes various types of assets, such as real estate, investments, and personal belongings. The examples provided demonstrate the concept of legable property by highlighting how ownership and financial obligations can determine whether an asset can be passed down. For instance, a house that is fully owned can be bequeathed, while a car that is still being financed cannot be passed down until the loan is completely paid off and ownership is established.
A legally binding document is one that is enforceable by law and holds both parties involved accountable for fulfilling their obligations as outlined in the document.
To ensure the validity of a contract, it should include essential elements such as an offer, acceptance, consideration, and the intention to create legal relations. It is also advisable to have the contract in writing and signed by all parties involved.
The legal requirements for starting a business vary depending on the jurisdiction, but generally, they include registering the business name, obtaining necessary licenses and permits, and complying with tax and employment laws.
A misdemeanor is a less serious criminal offense, typically punishable by fines, probation, or a short jail sentence. On the other hand, a felony is a more serious crime that can result in longer prison sentences and more severe consequences.
The statute of limitations for filing a personal injury lawsuit varies by jurisdiction. It is crucial to consult with an attorney to determine the specific time limit applicable to your case, as it can range from a few months to several years.
The process for obtaining a patent involves filing a patent application with the relevant patent office, which includes a detailed description of the invention and its claims. The application then undergoes examination, and if approved, a patent is granted, providing exclusive rights to the inventor for a specified period.
The legal requirements for getting a divorce also vary by jurisdiction, but generally, they involve meeting residency requirements, filing a petition for divorce, and addressing issues such as property division, child custody, and spousal support.
In many jurisdictions, employment is considered “at-will,” meaning that an employer can terminate an employee without cause, as long as it is not based on discriminatory or illegal grounds. However, employment contracts or collective bargaining agreements may provide additional protections.
When arrested, you have the right to remain silent, the right to an attorney, and the right to be informed of the charges against you. It is crucial to exercise these rights and consult with an attorney before providing any statements to law enforcement.
The process for filing for bankruptcy involves gathering financial information, completing the necessary forms, and filing a petition with the bankruptcy court. Depending on the type of bankruptcy, you may need to undergo credit counseling and attend a meeting of creditors before receiving a discharge of your debts.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
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