Examlex
To help avoid the thin capitalization problem, it is advisable to make the repayment of the debt contingent upon the corporation's earnings.
Community Property
A legal regime in some jurisdictions under which property acquired during marriage is owned jointly by both spouses, excluding personal gifts and inheritances.
Tenancy In Common
Tenancy in common refers to a form of ownership where two or more individuals share ownership rights of property, with each tenant having an undivided interest in the property.
Escrow Agent
A neutral third party responsible for holding funds or assets until the fulfillment of specific terms or conditions.
Paralegal
A trained professional who assists attorneys in the delivery of legal services, performing tasks such as research, drafting documents, and case preparation.
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