Define: Praefine

Praefine
Praefine
Quick Summary of Praefine

The fee known as praefine, or primer fine, must be paid to the Crown when a writ of praecipe is used to initiate a conveyance by fine. This term is of historical significance and pertains to the legal procedure of transferring ownership of property.

Full Definition Of Praefine

PRAEFINE, also known as primer fine, was a fee paid to the Crown in the past to initiate a conveyance by fine. For instance, John had to pay a praefine to the Crown before selling his land to Mary. Similarly, the lawyer informed his client that a primer fine or praefine had to be paid prior to commencing the conveyance by fine. These examples demonstrate that praefine was a fee required by the Crown before initiating a conveyance by fine, serving as a means for the Crown to generate revenue from land transactions.

Praefine FAQ'S

Praefine is a legal technology platform that provides automated contract analysis and review services.

Praefine uses artificial intelligence and machine learning algorithms to analyze and review contracts, extracting key information and identifying potential risks or issues.

No, Praefine is a tool that assists in contract analysis and review. The final legal interpretation and decision-making still rests with the user or their legal counsel.

While Praefine can streamline the contract review process, it is not a substitute for legal advice. It is always recommended to consult with a qualified attorney for any legal matters.

Praefine takes data security seriously and employs industry-standard security measures to protect user data. However, it is advisable to review the platform’s privacy policy and terms of service for more information.

Praefine is designed to handle a wide range of contracts, but its effectiveness may vary depending on the complexity and specificity of the contract. It is best suited for standard or commonly used contract types.

Praefine’s accuracy depends on the quality and completeness of the input data. While it strives to provide accurate results, there may be instances where human review or legal expertise is necessary for a comprehensive analysis.

No, Praefine does not provide legal advice. It assists in contract analysis and review, but the final decision-making and legal advice should come from a qualified attorney.

The cost of using Praefine may vary depending on the specific services and subscription plans offered by the platform. It is advisable to check the pricing details on the Praefine website or contact their customer support for accurate information.

Praefine’s availability may vary depending on the jurisdiction. It is recommended to check with the platform or their customer support to confirm if it is available in your specific jurisdiction.

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Disclaimer

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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