Examlex
What are some of the measures that states are considering to reduce overcrowding in prisons and the increased costs caused by it?
Good Title
A legal term indicating that a property title is valid and free of any liens or other encumbrances that might hinder its sale or use.
Fair Market Value
The price at which property would sell on the open market between a willing buyer and a willing seller, each having reasonable knowledge of the relevant facts.
Recourse
Recourse refers to the legal right to demand compensation or payment from an individual or entity responsible for a loss, debt, or other obligation.
Inventory
The total amount of goods and materials held by a business for the purpose of resale or production.
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