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1122 E. Lincoln Ave., Ste. 200 Orange, CA 92865 Phone : 866-685-0547 E-Mail : LawInfo@dadslaw.com |
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M N :: O :: P :: Q :: R :: S :: T :: U :: V :: W LLEASE - a written document in which the rights to use an occupancy of land or structures are transferred by the owner to another for a specific period of time in return for a specified rent. LEGAL CUSTODY - the authority of one parent or both parents to make legal decisions regarding health, education and welfare of the child. LEGAL SEPARATION - a legal lawsuit for support while the spouses are living separate and apart. All issues are resolved exactly the same as in a divorce, except that the parties are not returned to the status of single persons and remain legally married to one another. LEVERAGE FACTORS - considerations made by each parties pertaining to the issues that are being disputed. LIEN - an encumbrance put on a property owned by a judgment debtor. It prevents the sale, transfer of title or refinancing of the property until the debt is satisfied. LIQUIDATION VALUE - the price that an owner is compelled to accept when a property must be sold without reasonable market exposure. LITIGATION - the process of fighting a legal dispute in the court system. LONG ARM - the means by which a court can get jurisdiction over someone who lives outside the jurisdiction in which the court is located. LUMP - SUM ALIMONY - a spousal support that is ordered to be paid in a fixed amount. The completion of the payment may be made in installments |
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