New Mexico Statutes > Chapter 45 > Article 5 > Part 2
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In New Mexico Statutes > Chapter 45 > Article 5 > Part 2
- Contract: A legal written agreement that becomes binding when signed.
- Devise: To gift property by will.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Probate: Proving a will
- Statute: A law passed by a legislature.
- Testator: A male person who leaves a will at death.
- Venue: The geographical location in which a case is tried.