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Glossary
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lawsuit
A legal action started by a plaintiff against a defendant based on a complaint that the defendant failed to perform a legal duty, resulting in harm to the plaintiff. |
leading question
A question that instructs a witness how to answer or suggests which answer is desired. These questions are usually prohibited on direct examination. |
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lien
A legal claim against another persons property as security for a debt. A lien does not convey ownership of the property, but gives the lien holder a right to have his or her debt satisfied out of the proceeds of the property if the debt is not otherwise paid. |
limitation (statute of)
A certain time allowed by statute in which litigation must be brought. |
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liquidated damages
A form of money payment in an amount specified in advance by a contract or agreement as the sum to be paid if terms were violated. |
litigant
Individual bringing a lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants. |
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litigation
A case, controversy, or lawsuit. |
living trust
A trust set up and in effect during the lifetime of the grantor. Also called inter vivos trust. |
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long-arm statute
State laws that give a court jurisdiction to try civil cases in which persons from other states have been sued. Long-arm statutes are commonly employed to allow a local court to exercise jurisdiction over out-of-state motorists who cause automobile accidents within the state. |
landlord
The owner of real property who gives up his or her right of possession. |
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lease
The documents in which the terms of a rental agreement are written. |
leasehold estate
An estate in which a person has in interest in real property that comes from real a lease. |
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legacy
A gift of money by will. |
legality of purpose
The requirement that the intent of a contract be legal for the contract to be enforceable. |
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legislative branch
The branch of government body that consists of elected representative who have the responsibility for passing laws that represent the will of the people. |
lessee
In the context of a lease, the party who contracts to lease the property from the property owner, or lessee. |
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lessor
In the context of a lease, the property owner who contracts to lease a property in the tenant, or lessee. |
liable
being judged legally responsible. |
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libel
Ant false statement that harms another person's good name or reputation made in a permanent form, such as movies, writing, and videotape and communicated to others. |
life estate
A freehold estate in which a person has an ownership interest only for his or her lifetime. |
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limited warranty
A written warranty that does not meet the minimum requirements of a full warranty. |
living will
A document in which a person directs his or her physician or health proxy to forgo certain extraordinary medical procedures in especially dire circumstances. |
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larceny
The act of taking and carrying away the personal property of another without the right to do so. |
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