government 2302 note

government 2302 note - Legal Terms (Part Two) Adverse...

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Legal Terms (Part Two) Adverse Possession A method of acquiring title to real property by possession for a statutory period under certain conditions, especially a non-permissive use of the land with a claim of right when that use is continuous, exclusive, hostile, open, and notorious. Arbitration A method of dispute resolution involving one or more neutral third parties who are usually agreed to by the disputing parties and whose decision is binding. With most typical arbitrations, arbitrators tend to make compromise decisions halfway between the two parties’ demands. Final-Offer Arbitration Arbitration in which both parties are required to submit their “final offer” to the arbitrator, who may only choose one. This device gives each party an incentive to make a reasonable offer or risk the arbitrator’s accepting the other party’s offer. Sometimes referred to as “high-low arbitration”. Arraignment
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government 2302 note - Legal Terms (Part Two) Adverse...

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