Abandoned Property - Law Dictionary Search Results
Home Dictionary Name: abandoned propertyabandoned property
abandoned property see property ...
Abandoned property
Abandoned property, Property that the owner voluntarily surrenders, relinquishes, or disclaims, Black's Law Dictionary, 7th Edn., p. 1283...
property
property pl: -ties [Anglo-French propreté proprieté, from Latin proprietat- proprietas, from proprius own, particular] 1 : something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest, possession abandoned property : property to which the owner has relinquished all rights NOTE: When property is abandoned, the owner gives up the reasonable expectation of privacy concerning it. The finder of abandoned property is entitled to keep it, and a police officer may take possession of abandoned property as evidence without violating the Fourth Amendment to the U.S. Constitution. after-acquired property 1 : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy case and that is usually considered part of the bankruptcy estate 2 : property acquired after the perfection of a lien or security interest ;esp : such property acquired after the creation of a lien or security interest that is subject to the lien or...
abandonment
abandonment 1 : the act of abandoning property or a right: as a : relinquishment by an inventor of the right to enforce a patent see also dedication b : an author's relinquishment to the public domain of his or her copyrighted work c : relinquishment of a trademark established by a failure to use the trademark and an intention never to resume use d : the act of an insured in surrendering all rights to damaged or lost property to an insurer as a total loss compare salvage e : relinquishment by a trustee in bankruptcy of interest in property in the bankruptcy estate often for a nominal sum 2 : the act of abandoning a person: as a : failure to have contact with a spouse that is intended to create a permanent separation b : failure to communicate with or provide financial support for one's child over a period of time that shows a purpose to forgo parental duties and rights 3 : the act of abandoning a contract 4 a : the act of abandoning a course of action (as a crime) b : th...
Abandonment
Abandonment [fr. Abandonner, Fr.], the relinquish-ment of an interest or claim.Means the relinquishing of a right or interest with the intention of never again claiming it. In the context of contracts of the sale of land, courts sometimes use the term abandonment as if it were synonymous with rescission, but the two should be distinguished. An abandonment is merely the acceptance by one party of the situation that a non-performing party has caused. But rescission due to a material breach by the other party is termination or discharge of the contract for all purposes., Black Law Dictionary, 7th Edn., p. 1.The relinquishment by an assured person to the assurers of his right to what saved out of a wreck, when the thing insured has, by some of the usual perils of the sea, become practically valueless. Upon abandonment, the assured is entitled to call upon the assurers to pay the full amount of the insurance, as in the case of a total loss. The loss is in such case called a 'constructive to...
abandon
abandon 1 : to give up with the intent of never again asserting or claiming an interest in (a right or property) 2 : to disassociate oneself from or forsake in spite of a duty or responsibility to [ one's child] 3 : to renounce one's obligations and rights under [ a contract] 4 : to fail purposely to bring to completion or fruition [ a crime] [ a lawsuit] ...
occupancy
occupancy pl: -cies 1 : the fact or condition of holding, possessing, or residing in or on something [ of the premises] 2 : the act or fact of taking or having possession (as of abandoned property) to acquire ownership 3 : the fact or condition of being occupied [ by more than 400 persons is unlawful] 4 : the use to which a property is put [designed for industrial ] ...
Abandonee
Abandonee, one to whom anything is relinquished.The expression 'abandoned property' or to use the more familiar term 'bona vacantia' comprises properties of two different kinds, those which come in by escheat and those over which no one has a claim, Bombay Dyeing and Mfg. Co. Ltd. v. State of Bombay, AIR 1958 SC 328 (339): 1958 SCR 1122. [Bombay Labour Welfare Fund Act (40 of 1953) s. 3(1) & 2(b)]...
notice of abandonment
notice of abandonment A written notification from the USPTO that an application has been declared abandoned or, in other words, is no longer pending. Source: U.S. Patent and Trademark Office ...
Abandoned
Abandoned, in the context in which it occurs ins. 418(1), the meaning which can reasonably be attached to the word 'abandoned' is 'let loose' in the sense of being 'left unattended' and certainly not 'ownerless', Kanwar Singh v. Delhi Admn., AIR 1965 SC 871 (874): (1965) 1 SLR 7. [Delhi Municipal Corporation Act, 1957 (66 of 1957), s. 418(1)]...
- << Prev.
- Next >>
Sign-up to get more results
Unlock complete result pages and premium legal research features.
Start Free Trial