Black`s Law Dictionary Definition of Equity

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This example shows the main difference between equality and justice: equality means that things are “equal” and justice means that things are “just”. It is certainly possible that something could be equal but not fair, and something could be right but not equal. In criminal law, many practices are carried out to obtain justice, in which each person receives a fair and impartial trial. For example, a person is tried by a jury made up of peers they have never met and who have no reason to support or reject the accused. It is about ensuring justice, because none of the jurors will have biased opinions towards the accused so that he is treated fairly and impartially. In modern times, the use of the word justice has increased due to concerns about social justice and the desire for fairness for historically oppressed groups. Under the law, minority groups often have technically equal rights, but are always treated unfairly due to unequal access to resources or opposition from dominant groups who deny equal representation to others while acting within the law. 1. In its broadest and most general sense, this term refers to the spirit and habit of fairness, justice and good relations that would govern people`s relations with people, the rule of doing to all others what we want them to do for ourselves; or, as Justinian says, “live honestly, do no harm to anyone, give every person what they deserve.” Inst. 1, 1, 3. It is therefore synonymous with natural law or justice. But in this sense, their obligation is ethical rather than legal, and their discussion belongs to the sphere of morality. It is based on the commandments of conscience, not on any sanction of the positive law.

2. In a narrower sense, the word means equal and impartial justice between two persons whose rights or claims are in conflict; Justice, that is, as established by natural reason or ethical insight, but independently of the body of law formulated. This is not a technical meaning of the term, unless the courts administering justice attempt to discover it with the above-mentioned bodies or to apply it beyond the strict lines of positive law. See Miller v. Kennist on, 86 Me. 550, 30 Atl. 114. 3. In one of its technical meanings, equity is a legal stock or area of responsibility that differs from the common law in its origin, theory and methods. It is a set of rules that exists alongside the original civil law, which is based on different principles and, incidentally, which claims to replace civil law on the basis of a higher holiness inherent in these principles. Maine.

Ana Law, January 27 “As the old rules become too narrow or perceived as incompatible with the advance of civilization, machinery is needed for their gradual expansion and adaptation to new visions of society. One way to achieve this goal on a large scale, without neglecting the law in force, is to introduce a more comprehensive set of rules, recognizable in its judicial consciousness, which consists of standing side by side with the law of the land and overriding it in case of conflict. as with a title of inherent superiority, but without pretending to repeal it. Such a set of rules was called “fairness.” Holl. Jur. 59. “Equality” in its technical sense, as opposed to natural and universal equality or justice, can very well be described as “part of justice” or natural equality, which is not incorporated in legislative decrees or in the rules of ordinary law, but is modified by taking appropriate account of them as well as the complex relationships and comforts of an artificial state of society. and in cases where the special rights for which a remedy is sought belong to a general category of rights guaranteed by law or can be exercised without prejudice or inconvenience to the Community; However, if the ordinary courts cannot or could not originally grant a clear remedy with respect to these special rights.

Steal. Gl. 4. In an even narrower sense, it is a legal system or branch of appellate justice administered by certain courts that are different from common law courts and have the power to order “justice” in the sense above. Here it becomes a complex of well-established and well-understood rules, principles and precedents. See Hamilton v. Avery, 20 Tex. 633; Dalton v.

Vander veer, 8 Miscellaneous Rep. 484, 29 N. Y. Supp. 342; Parmeter vs. Bourne, 8 Wash. 45, 35 Pac. 586; Ellis v Davis, 109 U. S. 485, 3 Sup.

Ct 327, 27 L. Ed. 1006. “The meaning of the word `equity`, as used in its technical sense in English case-law, is that it is merely a term which describes a particular area of jurisdiction exercised in the English system by certain courts and whose scope and limits are not characterised by principled lines, but through the characteristics of the original constitution of the English Scheme of Remedial Law, and the accidents of its development. Bisp. Eq. Because of their association with the king, justice in the American colonies was viewed with suspicion. Nevertheless, colonial legislators understood the wisdom of allowing judges to create remedies in cases that were not covered by the common law or established laws.

The authors of the U.S. Constitution recognized the providence of justice by writing in Article III, Section 2, Clause 1 that “the judiciary extends to all matters, in law and in court.” All States eventually authorized the judicial exercise of justice, and many States established ad hoc equality tribunals that maintained procedures different from those of the courts. Equity in real estate Equity in real estate is the value of real estate on any privileges or claims against it. It is used to describe partial ownership. Suppose the fair market value of a home is $80,000. If the homeowner has a mortgage and owes $50,000 for the mortgage, the amount of the net worth is $30,000. Equity recognition in real estate allows an owner to take out loans for a portion of the property`s value, even if the owner cannot claim full and final ownership. The clean hands doctrine states that the plaintiff in an equitable lawsuit must be innocent of any wrongdoing or risk dismissing the case. Laches suggests that a plaintiff should not “sleep on his rights” – that is, if the plaintiff is aware of the defendant`s prejudicial actions, but delays in filing the lawsuit and the delay goes against the defendant`s rights, the plaintiff risks dismissing the case. Under modern law, such defenses are available in any civil case.

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