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Donee at Legal Glossary

What is it? Someone who receives a gift.

Law Definition Added By: Thomas

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Law Terms legal papers is Documents containing a statement of legal status, identity, authority or ownership, or providing evidence of some type of obligation. Such documents include wills, deeds, leases, titles, birth certificates , and contracts. Legal papers may also refer to documents, such as a complaint or summons, prepared in order to pursue a legal cause of action.

Law Terms inure is To take effect, or to benefit someone. In property law, the term means to vest. For example, Jim buys a beach house that includes the right to travel across the neighbors property to get to the water. That right of way is said, cryptically, to inure to the benefit of Jim.

Law Terms copyright owner is Under the Copyright Act of 1976, a term with two meanings. First, it refers to the person or entity listed as the owner in the U.S. Copyright Office, usually the original author or developer. Second, it refers to a person or entity to which an exclusive part of the copyright has been transferred in writing. For instance, if Harry writes and copyrights a book, then sells the right to prepare a screenplay based on the book to a movie studio, both he and the studio are copyright owners.

Law Terms license (of invention, copyright or trademark) is A contract giving written permission to use an invention, creative work or trademark. A license provides a way to make money from your invention or creative work without having to manufacture and sell copies yourself. By licensing an invention or work to a company, you get money (often in the form of royalties) in return for allowing the company to use, produce and sell copies of your invention or work in the marketplace.

Law Terms Consumer Leasing Act is A federal law that requires lease agreements to include certain terms, including a statement of the number of lease payments and their dollar amounts, penalties for not paying on time and whether a lump sum payment is due at the end of the agreement. Despite this law, many vehicle lease agreements are nearly impossible to decipher.