Glossary Archive

Equitable apportionment is a legal principle used to distribute costs or liabilities fairly among parties based on their respective contributions or benefits derived from a particular situation. This concept often arises in contexts such as estate planning, divorce settlements, or partnerships, where multiple parties are involved, and there is a need to allocate obligations or...

Equitable Distribution of Real Estate Assets The equitable distribution of real estate assets refers to the legal process by which property is divided between spouses during a divorce or separation. This principle aims to achieve a fair, but not necessarily equal, division of marital property based on various factors, rather than a straightforward 50/50 split....

Equitable Remedies Equitable remedies are a category of judicial remedies that are granted by courts based on fairness, moral rightness, and justice, rather than on strict legal rules. Unlike legal remedies, which typically involve the payment of monetary damages, equitable remedies aim to provide relief that corrects a wrong or prevents future harm. One of...

Equitable Remedies in ADR Equitable Remedies in Alternative Dispute Resolution (ADR) refer to specific judicial orders that compel a party to act or refrain from acting in a certain way, as a means of resolving disputes without resorting to traditional litigation. Unlike legal remedies, which typically involve monetary compensation, equitable remedies focus on fairness and...

Equity Financing Equity financing is the process of raising capital by selling shares of a company to investors. This form of financing allows businesses to obtain funds without incurring debt, as investors buy ownership stakes in exchange for their investment. In equity financing, the capital raised can be used to expand operations, develop new products,...

Equity Financing Equity Financing refers to the method of raising capital by selling shares of a company to investors. In exchange for their investment, the investors receive ownership interests in the company, typically in the form of stocks. This approach allows businesses to obtain funds without incurring debt or obligating themselves to repay borrowed money,...

Equity Participation Agreement An Equity Participation Agreement is a legal contract between parties that outlines the terms under which one party invests in a project or business in exchange for an equity stake in that entity. This type of agreement is commonly used in business ventures, real estate developments, and startup investments, allowing investors to...

Escrow Agreement An escrow agreement is a legally binding arrangement in which a third party, known as the escrow agent, holds funds, documents, or other assets on behalf of two or more parties involved in a transaction. This agreement ensures that certain conditions are met before the assets are released, providing security for both buyers...

Escrow Disbursement Instructions Escrow Disbursement Instructions refer to the detailed directives provided to an escrow agent regarding how and when to release funds or documents held in escrow to the involved parties in a transaction. An escrow arrangement is typically established in real estate transactions, business sales, or other financial agreements, where a neutral third...

Escrow Shortfall Clause An Escrow Shortfall Clause is a provision commonly found in real estate and financial agreements that outlines the responsibilities and obligations of the parties involved when the funds held in an escrow account are insufficient to fulfill specific obligations. This clause is particularly relevant in transactions involving loans, real estate purchases, or...