Glossary Archive

Codicil

A codicil is a legal document that modifies, adds to, or revokes provisions in an existing will. It allows the testator (the person who made the will) to make changes without drafting an entirely new will, thereby preserving the original will's provisions that remain unchanged. A codicil must meet the same legal requirements as a...


Collaborative Law

Collaborative Law Collaborative Law is a legal process in which parties to a dispute agree to resolve their issues without resorting to litigation, typically with the assistance of specially trained professionals, including lawyers, financial advisors, and mental health professionals. This approach is commonly used in family law, particularly for divorce and child custody matters, but...


Collaborative Practice Agreement

Collaborative Practice Agreement A Collaborative Practice Agreement is a binding contract entered into by parties engaged in a collaborative process, typically in the context of family law, divorce, or other dispute resolutions. This agreement outlines the rules and procedures that participants agree to follow during the collaborative process, with the aim of reaching a mutually...


Collaborative Problem Solving in Mediation

Collaborative Problem Solving in Mediation Collaborative Problem Solving in Mediation refers to a structured approach used in dispute resolution that emphasizes cooperation, communication, and joint effort to identify mutually agreeable solutions. In this process, the mediator facilitates discussions between the parties involved, encouraging them to express their needs and interests openly. Unlike adversarial methods, where...


Commercial ADR Best Practices

Commercial Alternative Dispute Resolution (ADR) Overview: Commercial Alternative Dispute Resolution (ADR) refers to a set of processes that allow parties in a business or commercial context to resolve disputes without resorting to litigation in a court. ADR encompasses various methods, including mediation, arbitration, and negotiation, which can be more cost-effective and efficient compared to traditional...


Commercial Easement in Gross

Commercial Easement in Gross A commercial easement in gross is a legal right that allows an individual or a business to use another person's land for commercial purposes. Unlike a traditional easement, which is tied to a specific piece of land and typically benefits the owner of that land, a commercial easement in gross is...


Commercial Landlord Waiver Agreement

Commercial Landlord Waiver Agreement A Commercial Landlord Waiver Agreement is a legal document that outlines the terms under which a commercial landlord relinquishes certain rights or claims against a tenant, often in relation to a lease. This agreement is typically used in commercial real estate transactions to clarify the responsibilities and expectations of both parties,...


Commercial Lease Agreement

Commercial Lease Agreement A Commercial Lease Agreement is a legally binding contract between a landlord (lessor) and a business tenant (lessee) that outlines the terms under which the tenant can occupy and use a commercial property. This type of lease is specifically designed for business purposes and can apply to various types of properties, including...


Commercial Property Improvement Agreement

Commercial Property Improvement Agreement A Commercial Property Improvement Agreement is a legally binding contract between a property owner (often a landlord) and a tenant or contractor that outlines the terms under which improvements or modifications will be made to a commercial property. This type of agreement is crucial in defining responsibilities, financial obligations, and the...


Commercial Sublease Agreement

Commercial Sublease Agreement A Commercial Sublease Agreement is a legal contract in which a tenant (the sublessor) leases out a portion or all of their rented commercial premises to another party (the sublessee) for a specified period while maintaining an underlying lease with the original landlord. This type of agreement allows the original tenant to...