Dictionary

Easement By Prescription

Definition:  A right acquired by an adverse user to use the land of another, created through a court of law after long and uninterrupted use. Pronunciation: \ˈēz-mənt\ \pri-ˈskrip-shən\ Used in a Sentence:...

Expungement

Definition:  A process by which the record of a criminal conviction is destroyed or sealed after expiration of time. Pronunciation:  \ik-ˈspənj-mənt\ Used in a Sentence:    The man asked for an...

Express Contract

Definition:   An agreement where all terms and conditions have been spelled out and a meeting of the minds is reached in words of agreement and mutual understanding.  May be written,...

Exempt

Definition:   Property that has been declared to be excluded from taxation or claim by others. Pronunciation:  \ig-ˈzem(p)t\ Used in a Sentence:   The church is exempt from having to pay taxes on...

Executory Contract

Definition:  A contract in which one or both parties have not yet performed some condition. Pronunciation: \ig-ˈze-k(y)ə-ˌtȯr-ē\ \ˈkän-ˌtrakt\ Used in a Sentence:   It was considered an executory contract because the buyer had...

Executed Contract

Definition:   A contract that has been performed fully. Pronunciation:   \ˈek-si-ˌkyüt-ed\ \ˈkän-ˌtrakt\ Used in a Sentence:   Once everyone had signed the document it became an executed contract.