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Restrictive Covenant Restrictive Covenant
RESTRICTIVE COVENANT A provision in a deed limiting the use of the property and prohibiting certain uses. A clause in contracts of partnership and employment prohibiting a contracting party from engaging in similar employment for a specified period of time within a certain geographical area. A... Read more
Theater Owners Booking Association Theater Owners Booking Association
Toba ETHNONYMS: Callagaes, Frentones, L'añ Read more
Home Owners Loan Corporation Home Owners Loan Corporation
Home Owners' Loan Corporation (HOLC), former U.S. government agency established in 1933 to help stabilize real estate that had depreciated during the depression and to refinance the urban mortgage debt. It granted long-term mortgage loans to some 1 million homeowners facing loss of their property.... Read more
Just Compensation Just Compensation
JUST COMPENSATION Equitable remuneration to the owner of private property that is expropriated for public use through condemnation, the implementation of the governmental power of eminent domain. The fifth amendment to the U.S. Constitution proscribes the taking of private property by the... Read more
Virginia. Declaration of Rights of 1776 Virginia. Declaration of Rights of 1776
Virginia Declaration of Rights The virginia declaration of rights was adopted by the Virginia colonial constitutional convention on June 12, 1776. Its sixteen sections enumerated specific civil liberties that could not be legitimately taken away by government. Most of the Declaration of Rights was... Read more
Sole proprietorships Sole proprietorships
SOLE PROPRIETORSHIP A sole proprietorship is the simplest form of business ownership. Not surprisingly, the vast majority of small businesses begin their existence as sole proprietorships. A sole proprietorship has but one owner. That sole owner may engage in any form of legal business activity any... Read more
Incorporation Incorporation
Incorporation Corporate ownership is one of three broad categories defining the legal ownership structure of a business. The other two broad categories are sole proprietorship and partnership. In a sole proprietorship, the owner is personally liable for his or her business's debts and losses, there... Read more
National Association of Women Business Owners National Association of Women Business Owners
National Association of Women Business Owners As of 2002, there were 6.5 million majority women-owned businesses in the United States, employing 7.1 million persons according to the U.S. Bureau of the Census. The number of privately held women-owned businesses in U.S. exceeds 10 million if one... Read more
Homestead Homestead
47. Homestead Limitations Homestead laws are designed to protect small individual property owners, such as homeowners, from the ever-changing economic climate of the United States. Often when the economy changes, small property owners are unable to meet the demands of their creditors.... Read more
Alienable Alienable
ALIENABLE The character of property that makes it capable of sale or transfer. Absent a restriction in the owner's right, interests in real property and tangible personal property are generally freely and fully alienable by their nature. Likewise, many types of intangible personal property, such... Read more

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