Examlex
The most explosive domestic controversy of the 1970s centered around issues of
Fair Market Value
The amount for which a property would be sold in an open market transaction, involving a ready seller and a ready buyer, both possessing adequate awareness of the pertinent details.
Recovery
The action of regaining possession or obtaining compensation for a loss.
Recognizance
A legal obligation, acknowledged before a court, where an individual promises to adhere to certain conditions without the need for posting bail.
Acknowledges
The act of recognizing or admitting the existence or truth of something, often formally in writing.
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