Legal Terms: L

An equitable defense asserting that the plaintiff unreasonably delayed in asserting a claim, causing prejudice to the defendant.

The owner of real property who rents or leases it to a tenant in exchange for periodic payment (rent).

The unlawful taking of another person's personal property with the intent to permanently deprive them of it. Also known as theft.

A legal action brought by one party against another in a court of law to enforce a right or seek a remedy.

A contract granting the use of property (real or personal) for a specified period in exchange for periodic payments.

Free or low-cost legal services provided to individuals who cannot afford an attorney, often through nonprofit organizations or government programs.

Consumer protection laws that provide remedies for buyers of vehicles that repeatedly fail to meet quality and performance standards.

A court document authorizing an executor to administer a deceased person's estate according to the will.

The legal seizure of property to satisfy a debt or judgment. Also, to impose a tax.

Legal responsibility for one's acts or omissions. A finding of liability in a civil case typically results in an obligation to pay damages.

A form of defamation involving false written or published statements that harm a person's reputation.

A legal permission to engage in an activity that would otherwise be unlawful, such as driving, practicing law, or using intellectual property.

A legal claim or charge on property as security for the payment of a debt or obligation. Common types include mortgage liens, tax liens, and mechanic's liens.

Statutes establishing the maximum time period within which a legal proceeding must be initiated. Also called statutes of limitations.

Latin for 'pending litigation.' A notice filed with the county recorder indicating that a lawsuit involving real property is pending.

The process of resolving disputes through the court system, including filing lawsuits, discovery, motions, trial, and appeals.

A legal document expressing a person's wishes regarding medical treatment in the event they become incapacitated and unable to communicate.

A Limited Liability Company — a business structure combining the liability protection of a corporation with the tax flexibility of a partnership.