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LSDefine
Simple English definitions for legal terms
investitive fact
Read a random definition: statutory contract
A quick definition of investitive fact:
Investitive fact is a type of fact that gives someone a right. For example, if you buy a toy, the investitive fact is that you now own the toy and have the right to play with it. It is different from a divestitive fact, which takes away a right, like if someone steals your toy and you no longer have the right to play with it. Facts can also be used in court to help decide who is right in a disagreement.A more thorough explanation:
An investitive fact is a fact that confers rights. This means that it is a fact that gives someone the ability to do something or have something. For example, if someone inherits a house from their parents, that is an investitive fact because it gives them the right to own and live in the house.
Another example of an investitive fact is when someone is granted a patent for an invention. This investitive fact gives them the right to exclude others from making, using, or selling their invention for a certain period of time.
Investitive facts are important in legal proceedings because they can determine who has the right to do something or own something. For example, if two people are fighting over who has the right to a piece of property, the investitive facts will determine who has the legal right to own it.