Simple English definitions for legal terms
Read a random definition: inheritance
A person of inherence is a legal term that refers to the person in whom a legal right is vested. This means that they are the owner of a right, such as property or a contract. The term may also include an entity, such as a business or corporation.
For example, if John owns a piece of property, he is the person of inherence for that property. He has the legal right to use, sell, or transfer the property as he sees fit. Similarly, if a corporation has a contract with another company, the corporation is the person of inherence for that contract.
Overall, the term person of inherence is used to identify the individual or entity that has legal ownership or control over a particular right or asset.