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
Right of a property owner located adjacent to an airfield to use the airspace above a certain distance to fly an airplane. However, the owner may not be allowed to put structures, signs or ...
An interior wall dividing an area into two or more rooms or separate areas. The division of real estate between owners giving each an undivided interest. ...
Entrance or path to a land parcel. Passageway existing from property. An egress may lead to a roadway or some other form of exit. ...
A step's edge. ...
Lumber of no more than 8 inches wide and 2 inches thick. ...
Costs incurred in connection with real property that increase its cost basis or worth, such as a new roof, an additional room, or paneling a room. ...
Affordability is a term used to describe the ability of a person or entity to pay in relation to the income earned by them. Affordability is the comparison of a person's income against ...
Unanticipated damages incurred as the result of the sub effects of a parties breach of responsibility or contract. Consequential damages often result in financial compensation. ...
Same as term resale proceeds: Net amount received when property is sold. It equals the selling price less outstanding mortgage balance less all costs incurred in connection with the sale. ...
Have a question or comment?
We're here to help.