A legal concept from early English property law that continues to influence certain concepts in the modern law of real property and is thus helpful and, at times, essential to understanding this area of the law. In brief, the term refers to...
property law
seizin
See seisin.
[Last updated in April of 2021 by the Wex Definitions Team]
self-dealing
Self-dealing is when a person with a fiduciary duty to a company takes action to gain personal benefit, instead of for the benefit of the company. For people who may not have a direct fiduciary duty, it also refers to a person who buys or...
self-declared trust
A self-declared trust is a situation where an individual who has both legal and equitable ownership declares that they now hold the legal title for the benefit of another individual. In this type of trust, the person creating the trust (the...
self-proving will
Self-proving will is a regular will that fulfills certain requirements that allow the will to be validated without going through probate court. In all states but the District of Columbia, Maryland, Ohio, and Vermont, a person can create a...
self-settled trust
Self-settled trust (also called a spendthrift trust) is a type of trust allowed in a small number of states where a person that creates the trust is also the beneficiary of the trust. The assets are permanently in the trust and controlled by...
separate property
Separate property is property that is owned by one spouse and not the other. There are two categories of marital property; community property, and separate property. Community property is when spouses share all property equally. However, even...
service mark
A service mark is a mark used to distinguish the services provided by one person or company from services provided by others. The term "service" applies only to services rendered to others; it does not apply to services that are solely for...
servient estate
Servient estate is a parcel of land that is subject to an easement and benefits another parcel of land. An easement is a privilege or right that the owner of one parcel of real property (called a dominant estate or dominant tenement) has...
servient tenement
Servient tenement is a parcel of land that is subject to an easement and benefits another parcel of land. An easement is a privilege or right that the owner of one parcel of real property (called a dominant estate or dominant tenement) has...