3 7 A B C D E F G H I J K L M N O P Q R S T U V W

Laches

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Laches: Doctrine whereby those who delay too long in asserting an equitable right lose their entitlement to bring an action.


Lease

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Lease: Contract between a property owner and another person for temporary use of property, in exchange for rent.


Legal professional privilege

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Legal professional privilege: Confidential communications between a lawyer and client may not be revealed in court unless the client, expressly or impliedly, waives the privilege. The communications must relate to court proceedings or intended litigation.


Liability

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Liability: Any legal obligation or duty, now or in the future. A person who is liable for a debt or wrongful act is the person responsible for paying the debt or compensating for the wrongful act. If a court finds a person to be contributorily liable, he will bear part of the responsibility for the act or omission.


Licence

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Licence: Permission to do something on or with someone else”s property which, if it were not for the licence, could be legally prevented or could give rise to an action in tort or trespass. A common example is allowing a person to cross the licensor”s lands, which would otherwise constitute trespass. Licences, unlike easements, may be revoked at will, unless supported by some form of payment or consideration. Licences which are not based on a contract and which are fully revocable are called simple or bare licences.