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Glossary of Family Law Terms
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the appropriate section of the glossary.
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EMANCIPATION:
The point at which a minor comes of age. The age is typically 18 or 21.
ENCUMBERED: When a lien, mortgage or other restraint is placed against a property.
ENTREPRENEURIAL Profit: A market - derived figure that represents the amount an entrepreneur expects to receive in addition to costs; the difference between total cost and market value.
EQUITABLE
DISTRIBUTION: The fair, but not necessarily equal, division between former spouses of property acquired during the marriage.
EQUITABLE DIVISION:
A system of dividing property acquired by spouses during their marriage in connection with a divorce proceeding.
EQUITY:
The net proceeds from the sale of a home, minus the fees of the solicitor and the real estate agent and the satisfying of the mortgage.
ESTATE: A right or interest in property or the property of a deceased person.
EVALUATION: A study of the nature, quality, or unity of a parcel of real estate or interests in, or aspects of, real property, in which a value estimate is not necessarily required.
EVIDENCE: Documents, testimony or other informational material offered to the court to prove or disprove allegations in the pleadings.
EX-PARTE: Court relief that is granted due to the absence of opposing party.
EXECUTED: Carried out according to the terms of an agreement.
EXHIBIT: An item of evidence presented to the court.
EXPECTANCY: Future proceeds from an estate.
EXPERT WITNESSES: A professional used to help a judge reach a decision. Experts can include: Appraisers, Counselors, Evaluators, and Accountants.
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