Unalaska Construction Lawyer, Alaska
Includes: Construction Contracts, Construction Liens, Housing & Construction Defects
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LEGAL TERMS
ASYLUM
A legal status granted to an individual who is in the United States and fears political persecution if he or she is forced to return to their home country.
DEBENTURE
A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific p... (more...)
A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific piece of property. Repayment of a debenture is guaranteed only by the general credit of the issuer. For example, a corporation may issue a secured bond that gives the bondholder a lien on the corporation's factory. But if it issues a debenture, the loan is not secured by any property at all. When a corporation issues debentures, the holders are considered creditors of the corporation and are entitled to payment before shareholders if the business folds.
MECHANIC'S LIEN
A legal claim placed on real estate by someone who is owed money for labor, services or supplies contributed to the property for the purpose of improving it. Ty... (more...)
A legal claim placed on real estate by someone who is owed money for labor, services or supplies contributed to the property for the purpose of improving it. Typical lien claimants are general contractors, subcontractors and suppliers of building materials. A mechanics' lien claimant can sue to have the real estate sold at auction and recover the debt from the proceeds. Because property with a lien on it cannot be easily sold until the lien is satisfied (paid off), owners have a great incentive to pay their bills.
BORDER PATROL
The historical term for what is now called the Bureau of Customs and Border Protection ('BCBP'), a branch of the Department of Homeland Security. The primary fu... (more...)
The historical term for what is now called the Bureau of Customs and Border Protection ('BCBP'), a branch of the Department of Homeland Security. The primary functions of the BCBP/border patrol are to guard the borders from illegal entrants and to meet and question immigrants and visitors arriving at airports and other border stops.
FAILURE OF CONSIDERATION
The refusal or inability of a contracting party to perform its side of a bargain.
QUANTUM MERUIT
The reasonable value of services provided, which a winning party may be able to recover from an opponent who broke a contract.
RECORDING
The process of filing a copy of a deed or other document concerning real estate with the land records office for the county in which the land is located. Record... (more...)
The process of filing a copy of a deed or other document concerning real estate with the land records office for the county in which the land is located. Recording creates a public record of changes in ownership of all property in the state.
QUASI-COMMUNITY PROPERTY
A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired togeth... (more...)
A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired together in the non-community property state may be considered quasi-community property. Quasi-community property is treated just like community property when one spouse dies or if the couple divorces.
PROPERTY
See personal property, real estate, community property, separate property.
SAMPLE LEGAL CASES
Anderson v. Alyeska Pipeline Service Co.
... In response, Alyeska disagreed with Anderson's proposed method of statutory construction and
maintained that it fell within the statutory definition of "project owner." It argued in the alternative
that maintenance of the pipeline was a project and that it was a "project owner" even ...
Miller v. Treadwell
... rights to select their leaders and noting that "[c]ourts are reluctant to permit a wholesale
disfranchisement of qualified electors through no fault of their own." [4] In reviewing and
interpreting election statutes, we have uniformly held that "[w]here any reasonable construction ...
Lakloey, Inc. v. Ballek
211 P.3d 662 (2009). LAKLOEY, INC., Appellant, v. Jeffery BALLEK, White Eagle
Construction, and White Eagle, Inc., Appellees. No. S-12961. Supreme Court of Alaska.
July 10, 2009. ... The construction company sued to expunge the lien. ...
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