A 30-Day notice is usually used by a landlord to terminate or change a month-to-month lease or a periodic lease. A 30-day notice does not apply to fixed-term leases, as these types of leases impose an obligation upon...
PROPERTY
ab intestato
Definition
A Latin term meaning "by intestacy." The term refers to laws governing the succession of property after its previous owner dies without a valid will.
AB Trust
AB trust (also called a bypass trust or a credit shelter trust) is a tool used by well-off married individuals to legally maximize their estate tax exemptions.
The strategy involves creating two separate trusts after one...
abandon
See Abandonment
[Last updated in December of 2021 by the Wex Definitions Team]abandoned application
Definition
Refers to the abandonment of a patent or trademark application. An application is removed from the docket of pending applications at the U.S. Patent and Trademark Office when the applicant (either directly or through his attorney or agent...
abandoned property
Abandoned property: an overview
Personal property left by an owner who intentionally relinquishes all rights to its control. Real property may not be abandoned. See Adverse Possession.
At common law, a person who finds abandoned property may...
abandonment
Abandonment is a term that applies to a variety of areas of law. These areas include matrimonial law, civil procedure, and property.
Matrimonial LawIn matrimonial law, abandonment is a form of marital misconduct which...
abandonment (of trademark)
Abandonment of a trademark occurs when the owner of the trademark deliberately ceases to use the trademark for three or more years, with no intention of using the trademark again in the future. When a trademark is abandoned, the trademark...
abatement clause
Definition
Provision in a lease agreement that releases the tenant from paying rent if an act of God makes occupancy impossible or otherwise precludes the property from being used.
See also AbatementAbercrombie Classification
Definition
In the law of branding, a characterization scheme of trade designations in increasing order of distinctiveness: generic, descriptive, suggestive, and arbitrary or fanciful.
See alsoIntellectual propertyTrademark