Exclusiveness - Law Dictionary Search Results
Home Dictionary Name: exclusiveness Page: 2annual exclusion
annual exclusion : the maximum amount that a person can give each year as a gift without having to pay a gift tax NOTE: The annual exclusion is currently $10,000 per donee. ...
exclusion
exclusion 1 : the act of excluding or state of being excluded ;specif : refusal of entry into the U.S. by immigration officials [review of deportation and orders] compare deportation 2 : something that excludes or is excluded: as a : a part of an insurance contract that excludes specified risks from coverage compare condition, declaration b : an amount that is excluded from tax liability [a $10,000 annual per donee for gifts "W. M. McGovern, Jr. et al."] compare credit, deduction, exemption ex·clu·sion·ary [-zhə-ner-ē] adj ...
exclusive
exclusive 1 a : excluding or having power to exclude others [ right to their respective writings and discoveries "U.S. Constitution art. I"] b : being independent from or not shared by others : sole [ control] [ use] 2 : limiting or limited to possession, ownership, or use by a single individual or group [an contract] [an lease] ...
exclusive agency
exclusive agency see agency ...
exclusive agency listing
exclusive agency listing see listing ...
exclusive agent
exclusive agent see agent ...
exclusive easement
exclusive easement see easement ...
exclusive jurisdiction
exclusive jurisdiction see jurisdiction ...
exclusive right to sell listing
exclusive right to sell listing see listing ...
Landlord and tenant
Landlord and tenant. A tenancy arises when the owner of an estate inland, called the lessor or landlord, agrees expressly or by implication to allow another person, called the lessee or tenant, to enjoy the exclusive possession and use of the land for a period less than the landlord's estate in it, generally upon payment of rent. The landlord's estate is called the reversion, and at common law, a power of distress for rent is incident to the reversion.Leases or tenancies may be (1) for any agreed period such as for years or less, e.g., for a year, half-year, quarter or week; (2) from year to year; (3) at will; (4) on sufferance; or (5) they may arise upon estoppel; or (6) exist by force of a statute (see LEASE; INCREASE OF RENT). In a narrower sense the words 'tenancy' and 'landlord and tenant' are generally restricted to lease of a house or land for occupational purposes. If nothing appears to the contrary, either expressly or by implication, in the lease or agreement, the landlord is...
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