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Legal terms starting with T

15 terms

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  • Tenant Rights
    Legal protections and entitlements that renters have regarding their leased property and living conditions.
  • Termination
    The legal end of a contract, agreement, or relationship.
  • Termination for Cause
    Ending a contract due to the other party's breach or serious misconduct.
  • Termination for Convenience
    Ending a contract without cause, usually by paying a penalty or notice fee.
  • Terms and Conditions
    The specific rules and requirements that govern a contract or agreement.
  • Testamentary Capacity
    The legal and mental ability required to make a valid will or trust.
  • Testamentary Trust
    A trust created within a will that takes effect after the person dies.
  • Third-Party Beneficiary
    Someone who benefits from a contract even though they didn't sign it.
  • Third-Party Right
    A legal right or benefit that belongs to someone who is not a party to the original contract.
  • Tort
    A wrongful act or breach of duty (other than contract) that causes harm and creates civil liability.
  • Trust Corpus
    The actual money, property, or assets that make up a trust.
  • Trust Income
    Money earned by trust assets, such as interest, dividends, or rental payments.
  • Trust Instrument
    The legal document that creates a trust and outlines how assets will be managed and distributed.
  • Trust Situs
    The location where a trust is administered and its legal proceedings take place.
  • Trustee
    The person or institution legally responsible for managing assets held in a trust.
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