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FAMILY / DIVORCE LAW GLOSSARY |
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Glossary of
Family Law Terms
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Law Guardian: An attorney that is typically
assigned by the judge to represent the child or children in an
intense custody battle.
Lease: 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.
Leased Fee Estate: An ownership interest
held by a landlord with the right of use and occupancy conveyed by
lease to others: usually consists of the right to receive rent and
the right to repossession at the termination of the lease.
Leasehold Estate: The right to use and
occupy real estate for a stated term and under certain conditions:
conveyed by a lease.
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 declaration by a court
that the parties can live separate and apart even thought they are
still married to each other.
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.
Limited Divorce: Establishes certain legal
responsibilities while the parties are separated but does not end
the marriage.
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. (See spousal support
section).
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