
Legal Terms
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S
SALES COMPARISON APPROACH - a set of procedures in which an appraiser derives a
value indication by comparing the property being appraised to similar properties
that have been sold recently, applying appropriate units of comparison, and
making adjustments, based on the elements of comparison, to the sale prices of
the comparables.
SANCTIONS - court-ordered punishment,
usually monetary.
SEPARATE MAINTENANCE - an action filed
for support between two spouses not living together even though the spouse's are
not actively seeking a divorce.
SEPARATE PROPERTY -
property considered to be owned by one spouse prior to marriage, which in most
states in not up for distribution upon divorce.
SEPARATION
- when spouses no long cohabitate or live together. This does not require
one or the other spouse to move out of the residence, but instead can refer to a
state of mind.
SEPARATION AGREEMENT - an agreement on
support, child care and property covering the period before divorce but after
separation.
SERVICE OF PROCESS - the act of presenting the
complaint or summons to the defendant or respondent.
SET
ASIDE - to cancel, annul, or revoke a prior judgment of a
court.
SETOFF - a debt or financial obligation of one
spouse that the court weighs against a debt or financial obligation of the other
spouse.
SETTLEMENT AGREEMENT - the written version of the
settlement.
SEVERABILITY - the understanding that one
clause in a contract is independent of the others.
SOLE
CUSTODY - a form of custody in which one parent is awarded both physical and
legal custody.
SPLIT CUSTODY - a form of custody in which
the actual time of physical custody is split between both parents, which gives
both parents the right to make decisions.
SPOUSAL SUPPORT -
money paid from one spouse to the other in one lump sum or in installments for a
period of time. There are many factors considered.
SPOUSE - husband or
wife.
STIPULATION - an agreement between the parties or
their counsel. A stipulation cannot be made by one person
alone.
SUBPOENA - a document that is delivered to a person
who is not directly involved in the action filed, but is in need for
testimony.
SUMMONS - a written notification to the
defendant or respondent that an action has been filed against him or
her.
SUPPORT - payment for housing, food, clothing
etc.
SURREBUTAL - evidence the defendant can present to
counter rebuttal evidence.
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