Examlex
In a distributed database configuration, the computers and mobile devices that access data from remote servers are called clients.
Resulting Trust
A trust that is implied by law to effectuate the presumed intention of the parties involved, often arising when a property transfer does not fit the characteristics of an express trust.
Settlor's Intent
The purpose or intention expressed by a settlor when creating a trust, directing how the trust assets should be managed and distributed.
Unjust Enrichment
A legal principle where one person benefits at another's expense without legal justification, prompting a remedy to correct the imbalance.
Mortgaged Property
Real estate or property whose ownership is conditional upon the repayment of a loan secured by the property itself.
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