All Glossary Terms

Association of Contentious Trust and Probate Specialists provides a forum for probate specialists to exchange experience, know-how and an appreciation of the law and statutes in this specialist area; to hold seminars, conferences and meetings for the discussion of contentious trust and probate...

The Administration Of Justice Act 1995 allowed  suitably qualified professionals to undertake conveyancing. After the introduction of this Act, two groups were able to undertake conveyancing work: conveyancing solicitors and licensed...

Someone who is appointed by the courts to administer the estate of a deceased person in England, Wales and Northern Ireland.  An administrator is usually appointed where there is no will or where the deceased did not appoint any Executors in the will.The female version of Administrator is...

An adopted road is maintained and inspected by local governments. All of these services are funded by the taxpayer.This public funding pays for repairs to road surfaces and other general maintenance work, such as tree pruning, road marking repainting and weed removal. A local County Council...

Adverse Possession arises when an occupier takes possession of and occupies land without permission of the owner. If she or he does this for over 12 years, she or he may be able to lay claim to a possessory title to that land by virtue of his adverse possession of it. There are strict legal...

Aggregate is a combination of stone, sand and gravel that is often used for creating concrete in the building industry.Builders use Aggregate to fill in spaces by attaching it with cement, which makes the concrete or...

This is the total amount on which inheritance tax is...

Arms Length Management Organisations (ALMO's) are not-for-profit companies set up by a local authorities  primarily to manage and improve all or part of their leasehold housing...

This is the amount you can give away each tax year that will be exempt from Inheritance Tax. The amount is currently £3,000 and it applies to one single gift or a number of gifts adding up to that...

Apportionment is a conveyancing term usually  used in leasehold conveyancing where amount of service charge and ground rent to be repaid to the seller - owner, or paid to the buyer to ensure that the new owner only pays from the date of completion of the conveyancing transaction....