16:48
and from my alma mater :')
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Simple English definitions for legal terms
tack
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A quick definition of tack:
Term: TACK
Definition: Tack is a legal term used in Scotland to describe a lease of land or property. The person who leases the property is called a tacksman or tackswoman. They pay an annual rent in money, services, or fruits produced on the land. Tack can also mean adding one's own period of land possession to a prior possessor's period to establish continuous adverse possession for the statutory period. Additionally, it can refer to annexing a junior lien to a first lien to acquire priority over an intermediate lien.
A more thorough explanation:
Tack is a legal term used in Scots law to refer to a deed that creates a lease of land or other immovable property. The lease is for an annual rent that can be paid in money, services, or fruits produced on the land. The person who leases the property is called a tacksman or tackswoman.
Example 1: John signed a tack to lease a piece of land from Mary for an annual rent of $500.
Example 2: The tacksman of the farm was responsible for paying the rent and maintaining the property.
These examples illustrate how a tack is a legal document that creates a lease of land or property. The first example shows how John signed a tack to lease a piece of land from Mary, while the second example shows how the tacksman is responsible for maintaining the property and paying the rent.