Legal capacity definition

Legal capacity means the right and ability to enter into valid agreements, considering things like age, marriage status, mental status and financial status;

Legal capacity means that the person is not

Legal capacity means the ability to hold rights and duties and to exercise those rights and duties;

Examples of Legal capacity in a sentence

• Legal capacity of a legal entity is defined as eligibility of an entity to acquire rights and assume responsibilities.

• Legal capacity means that the tenant is bound by the terms of the lease and may enforce the terms of the lease against the owner.Form of Lease [24 CFR 983.256(b)]The tenant and the owner must enter into a written lease agreement that is signed by both parties.

• Legal capacity means that the tenant is bound by the terms of the lease and may enforce the terms of the lease against the owner.

• Legal capacity for exercise of the shareholder’s rights, including in the event of succession, is obtained by registration in the accounting records, which assumes legitimate ownership and entitles the registered owner to require that the Company acknowledge him as shareholder.

• Legal capacity of the parties A party can only be bound to a contract if it has expressed its (apparent) intention to enter into a legal relationship with somebody else.

More Definitions of Legal capacity

Legal capacity means the ability to hold rights and duties under the law and to exercise these rights and duties;

Legal capacity means acknowledged possession of an obligatory amount of professional competence which gives right to practise specific work activities.

Legal capacity means the power and status to fully enjoy ordinary legal rights, and the right to act upon all such rights which includes engaging in a particular undertaking or transaction, to maintain a particular status or relationship with another individual, and to create, modify, or extinguish legal relationships;

Legal capacity or “Legal Character” means a position or a qualification that can be the subject of rights. In the Civil Code, a person that is the subject of rights of legal capacity is a human being – “natural person” or a certain group, association or foundation – “legal entity”. The provisions of litigation party competency of an unin­ corporated association or foundation that is substantially an association or a foundation, but fails to obtain authorization by the competent authorities or go through registration of establishment shall not be prescribed in the General Provisions of the Civil Code, but in Article 48, Civil Procedure Act. In the Patent Act, one must have legal capacity in order to be the subject of rights related to a patent‐related procedure and a patent right.

Legal capacity. 73 means that all individuals, including the PWD, enjoy full “legal capacity and legal capacity to act” simply by virtue of being human74. Therefore, both components of legal capacity should guarantee the full fulfillment of ‘legal capacity to act’ and the two components should not be separated.

Legal capacity. Buyer has the limited liability company power, legal capacity, right and authority to execute and deliver this Agreement and such of the other Instruments as are to be executed and delivered by Buyer, and to take all actions and perform all obligations contemplate herein or therein, and to carry out the transactions contemplated to be performed by it under this Agreement and such other Instruments.

Legal capacity. The Candidate is asked to prove that they are authorised to perform the Contract under the national law. The following evidence will be required as information and proof of legal capacity: