Forfeiture

From Conservapedia

A forfeiture is a cancellation in contract law. Most commonly a forfeiture is a legal action whereby a contract purchaser following default loses all his interest in the property.

In litigation forfeiture has a different meaning. Forfeiture in a trial is the failure to make the timely assertion of a right. This is contrasted with waiver, which is the intentional relinquishment or abandonment of a known right. This distinction is important, because a right that is waived is lost on appeal unless there is proof that the waiver was defective, but a right that is forfeited may be the subject of an assertion of plain error on appeal (for overturning the trial decision).[1]

References[edit]

  1. Sherron v. Mississippi, 2006 Miss. App. LEXIS 832 (Ct. App. Nov. 7, 2006)

Categories: [Legal Terms]


Download as ZWI file | Last modified: 02/17/2023 11:39:47 | 14 views
☰ Source: https://www.conservapedia.com/Forfeiture | License: CC BY-SA 3.0

ZWI signed:
  Encycloreader by the Knowledge Standards Foundation (KSF) ✓[what is this?]