Sentences with phrase «given legal ownership»

Foreclosure — When a homeowner defaults by failing to make payments on their mortgage, the lender that holds the mortgage is given legal ownership of the property to allow them to recoup the money that was lent.

At closing, you will sign the mortgage loan documents, the seller will execute the deed to the property, funds will be collected and disbursed and the closing agent will record the necessary instruments to give you legal ownership of the property.

He warns that «Giving legal ownership of your money to your kids means exposing the money to the kids» issues: lawsuits, bankruptcies, stealing, divorces and influential spouses.»

At the end of the project, Parreno and Huyghe transferred Annlee's copyright to a foundation belonging to her alone, bringing an end to the project but giving her legal ownership of her own image.

Not exact matches

The 101 highest bids per model will give the respective bidders legal ownership of one Crypto - design watch.

Land trusts are typically community - based nonprofit groups that protect land by acquiring the land outright, or by entering into legal agreements called conservation restrictions, where landowners do not give up ownership, but instead agree to reduce the development potential of their land, generally in return for cash payment, tax advantages, or both.

Consignment is the word for giving over to another person, custody or care of any material or goods but retaining legal ownership until the... [Read More...]

If the only way for the necessary funds to be raised is the sale of your home, then the trustee may do this, meaning that you give up legal ownership of the property if you own it in entirety in the first place.

He has argued that failed banks should not be bailed out, Lehman's collapse was not a disaster, AIG should be declared bankrupt, that naked short selling is not a problem, that backdating isn't so bad, insider trading should be legal, many corporate CEOs are underpaid, global solutions are worse than local solutions, Warren Buffett is overrated, Michael Milken is a great American, the collapse of the hedge fund was not a scandal, hedge funds are over-regulated, education is overrated by the educated, bonuses at successful Wall Street's firms are deserved and possibly undersized, management buyouts are boons to the economy, Enron's management was victimized by an over-zealous prosecution, Sarbanes - Oxley should be repealed, corporate compliance culture is a disaster, shareholder democracy is overrated, hostile takeovers ought to be revived, the market is permanently moving away from public ownership of equity in corporations, private partnerships are on the rise, public ignorance is encouraged and manipulated by governments and corporations, experts overrate expertise, regulatory agencies are controlled by the businesses they supposedly regulate and Wall Street is much more fun than people give it credit for.

Failing to acknowledge that this latter possibility is still very much alive is particularly problematic given that, in some of your previous SLAW blogposts in support of allowing ABS, you have highlighted the emergence of the not - for - profit ownership model of ABS, in the form of Salvos Legal in Australia, as proof that ABS can contribute to improving access to justice.

Incentive bonuses, ex post facto bonuses, and salary increases work perfectly well but without the evil of giving up ownership of the legal profession to nonlawyer profit seekers.

While there are many potential advantages to non-attorney ownership (such as far better access to the capital markets), Eddie believes that the key advantage for businesses that provide legal advice is that they could attract the best global talent from other disciplines, and give that talent a vote.

Reversing the decision of the Court of Appeal and restoring the determination of the trial judge (upheld in the High Court on appeal) the Supreme Court concluded that the facts in the present case did give rise to an inference that the intentions of the parties (to own the property in equal beneficial shares, consistent with their legal ownership) did change when Mr Kernott acquired his own property independently of Ms Jones.

There remains lots to talk about how improved access to justice and legal services can be achieved without giving up ownership or bringing about an anti-competitive concentration of delivery (and this is where I pray the benchers will go).

We can even make it clear to businesses that if they build it, we will come, but also make it clear that we are not going to give them part ownership of the legal profession.

``... The principle of fundamental justice which recognizes that the lawyer is required to keep the client's confidences — solicitor - client privilege» and «[a] client must be able to place «unrestricted and unbounded confidence» in his or her lawyer; that confidence which is at the core of the solicitor - client relationship is a part of the legal system itself, not merely ancillary to it» given these two statements in the case of an ABS does this mean that non-lawyer owners / managers would be restricted from accessing client files — in other words, who would «own» the information in a client file when a solicitor is working for an organization with non-lawyer ownership assuming that the solicitor - client privilege doesn't apply to the owner (s) or does this privilege apply to non-lawyer owners as well?

Legal Software - as - a-Service tools not only gave law firms a competitive advantage by providing innovative technology, but the lower cost of ownership and pay as you go pricing model enabled firms to lower technology expenses as well.

The globalization of law along with changes in regulations here giving paralegals and notaries more scope and even the possibility of non-lawyer ownership of law firms as well as greater segmentation of legal services mean it's time to adapt or die.

SSEK partners Dewi Savitri Reni and Fransiscus Rodyanto gave presentations and led discussions on confidentiality agreements, Indonesia's new beneficial ownership regulation and other recent legal developments.

Stephen McPhee, president of the CBA's B.C. branch and chairman of the commission's steering committee, says the initiative aims to give the public a greater sense of ownership of the legal aid system.

Multi-disciplinary practice, outside investment in, or even ownership of, firms is a huge step for legal practices — and one which some might shy away from given the experience of the accountancy firms that set up their own legal arms.

«What needs to be emphasised», he said, «is that the provisions of s 24 (1)(a) of the Matrimonial Causes Act 1973 do not give the court power to disapply the established principles of legal and beneficial ownership or of company law.»

legal link, which gives you access to complimentary and discounted to certain legal services, such as wills, home ownership and family law

In Athens, Georgia there is a tree, known as the Jackson Oak, that is considered to have legal ownership of itself (and the land within an eight foot radius of its trunk); the tree was allegedly given the deed to itself by owner Colonel William Henry Jackson some time in the early 19th century.

Land rights legislation can give effect to self - determination through recognising prior Aboriginal and Torres Strait Islander ownership of Australia and by creating a legal and geographical space in which Indigenous law and custom has effect and can contribute to self - directed development into the future.

Closing Disclosure statement - details all funds changing hands between the buyer and seller Truth in Lending statement - a final summary of the terms of your loan Mortgage note - a legal obligation to repay the lender according to stated terms Deed of trust - the legal transfer of ownership; gives the lender a claim against your home if you fail to meet the terms of the mortgage note Affidavits - any binding statements by the buyer or seller Riders - any contract amendments that impact your rights Any additional documents required in your state