What Does Retained Property Mean
Retained property refers to assets or items that are kept by an owner after a transaction, lease, or other legal arrangement, rather than being transferred or relinquished to another party.
Retained property refers to assets or items that are kept by an owner after a transaction, lease, or other legal arrangement, rather than being transferred or relinquished to another party.
This terminology typically refers to a specific configuration in background screening software where the reporting of both felonies and misdemeanors has been deactivated. It indicates that the resulting report will not display these types of criminal convictions based on the current search parameters.
Handicap accessible describes environments, products, and services that are designed or modified so people with disabilities can use them safely and comfortably. It embodies the principle of equal access and participation for all.
The term ‘secured party’ on a vehicle title refers to the entity that holds a security interest in the vehicle, typically a lender or financial institution. This designation indicates that the vehicle is collateral for a loan or financial obligation.
A continuance, also called a case continuation, is a judicial order that postpones a scheduled hearing, trial, or other proceeding to a later date. It does not dismiss the case, but temporarily delays it for reasons such as preparation, unavailable parties, or procedural issues.
Bail forfeiture occurs when a defendant fails to appear in court as required, resulting in the court keeping the bail money or bond as a penalty. It is a legal mechanism to enforce compliance with court orders and can lead to additional consequences such as arrest warrants and loss of collateral.
“Bonded out” is a term used in legal, financial, and entertainment contexts to describe a situation where a bond has been called and the obligated party must satisfy the claim, often resulting in the loss of the bond’s value. The phrase can refer to bail, performance bonds, or contractual advances that have been exhausted.
Having an attorney on retainer means engaging a lawyer through a formal agreement that provides ongoing legal services in exchange for a fee paid in advance. This arrangement ensures that the attorney is available to provide legal advice, representation, or other services as needed over a specified period.
Fighting extradition refers to the legal and diplomatic efforts made to contest a request for a person’s surrender to another jurisdiction. It involves courts, governmental appeals, and human‑rights arguments aimed at preventing the transfer.
Absconding parole refers to a parolee’s intentional failure to comply with supervision requirements, such as missing scheduled check‑ins or fleeing jurisdiction. This violation typically triggers revocation proceedings, possible re‑incarceration, and additional legal penalties.