Glossary Archive

Power of Attorney for Real Estate A Power of Attorney for Real Estate is a legal document that grants one person (the agent or attorney-in-fact) the authority to act on behalf of another person (the principal) specifically in matters related to real estate transactions. This can include the ability to buy, sell, lease, or manage...

Pre-Arbitration Agreement Drafting A Pre-Arbitration Agreement is a legal document created before a dispute arises, outlining the terms and conditions under which the parties agree to resolve any future conflicts through arbitration rather than litigation. This type of agreement is essential in establishing a framework that governs the arbitration process, including procedural rules, selection of...

Pre-Arbitration Discovery Guidelines Pre-Arbitration Discovery Guidelines refer to the set of procedures and protocols established to govern the discovery process before formal arbitration proceedings begin. Discovery is the phase in which parties gather evidence, documents, and information relevant to the dispute they intend to bring before the arbitrator. These guidelines typically outline the scope and...

A Pre-Death Gifting Strategy involves the deliberate transfer of assets or property from an individual (the donor) to beneficiaries while the donor is still alive, with the objective of reducing the size of the donor's taxable estate. This strategy can help minimize estate taxes, provide financial support to beneficiaries before the donor passes away, and...

Pre-Dispute Arbitration Agreement A Pre-Dispute Arbitration Agreement is a contractual provision that requires parties to resolve their disputes through arbitration rather than through litigation in court. This agreement is typically made before any disagreement arises and is often included in the terms of service or contracts between businesses and consumers, or between parties in a...

Pre-Hearing Case Management Pre-Hearing Case Management refers to the procedural steps taken before a formal hearing in legal proceedings, particularly in the context of administrative hearings, probate court, or family law matters. This process is designed to streamline the hearing, ensure all parties are prepared, and address preliminary issues that may arise. Pre-Hearing Case Management...

Pre-Lease Agreement A Pre-Lease Agreement is a preliminary contract between a landlord and a prospective tenant that outlines the terms and conditions under which the tenant intends to lease a property before the formal lease is signed. This agreement serves as a framework for the future lease, providing clarity and security for both parties. Typically,...

Pre-Mediation Confidentiality Agreement A Pre-Mediation Confidentiality Agreement is a legal document designed to protect the confidentiality of information exchanged during the mediation process. This agreement is typically established at the outset of mediation sessions, ensuring that any discussions, proposals, or disclosures made by the parties remain confidential and cannot be used against them in any...

Pre-Mediation Settlement Proposal A Pre-Mediation Settlement Proposal is a document submitted by one party to another before entering mediation, outlining a suggested resolution to the dispute at hand. This proposal acts as a starting point for discussions during the mediation process and aims to facilitate negotiation by presenting a clear and structured offer. The Pre-Mediation...

Overview Pre-Mortem Probate is a legal process that allows individuals to validate their estate planning documents, such as wills and trusts, while they are still alive. This proactive approach provides a mechanism for clarifying the intent of the testator (the person who creates the will) and addressing any potential disputes that may arise after their...