Definition of "Ad litem"
Need to know the Ad Litem definition after coming across this weird term?
Ad litem is short for “Guardian Ad Litem” or “Attorney Ad litem”, a legal term that refers to the person appointed by the court to investigate what results would be of best interest to the child (or a grownup that is legally incapacitated of representing himself) in the lawsuit at hand. The Guardian Ad Litem (GAL), then, represents that person and fights for that outcome.
The most common use for it is in divorce lawsuits. But in Real Estate it can also have many uses:
- Say a kid becomes an orphan – a GAL will be appointed to act on his or her behalf in court regarding the kid’s rights to inheritance.
- If a situation arises for a non-verbal person with special needs and no relatives that leads to a Homes for the disabled lawsuit, the court will also appoint a GAL.
- It can even be used in a property litigation: to act on behalf of an estate if the owners are unavailable or unwilling to do so.
Lastly, in case you’re wondering: The root of the Ad Litem definition comes from Latin. The word Ad Litem means “for the suit”, or “for the proceeding”.
Have a Real Estate Agent as your guardian, protecting your best interests at all times!
Popular Real Estate Terms
The basic definition of an acquisition loan is the kind of loan that gives a company the funds necessary to make a purchase. The type of investment depends on the company’s activity, ...
Notice of a pending suit; a public notice given to prospective purchasers and any one else considering an interest in property that the title is being legally challenged, and the outcome is ...
Used primarily by real estate corporations as a means of restructuring and reorganizing existing debts. Creditors must vote on a debt-paying plan and a judge must give approval. It provides ...
Surface level of water. ...
Initial user of real estate property, such as the first tenant in a newly constructed apartment building or office building ...
Same as term graduated lease: A rental stipulation a varying rental rate. Rental rate are determined tied to periodic appraisals or an inflation or an inflation index. The provision is more ...
In everyday discourse, a merger defines the combination of two entities, be it real estate or two companies, into a single and legit one. We should make a difference between a merger and ...
Typically, a waiver means remission or giving up on a particular claim. You can find the term waiver widely used in real life, finance, and real estate terminology. How do waivers work? A ...
Direct line of descent as from father to son. An example of a lineal hereditament would be passing of the title of real property by virtue of a will to the first-born son. ...
Have a question or comment?
We're here to help.