reformation

reformation
"LAW.COM Dictionary":
n. the correction or change of an existing document by court order upon petition of one of the parties to the document. Reformation will be ordered if there is proof that the parties did not intend the language as written or there was an omission due to mistake or misunderstanding. Quite often a party petitions for reformation when one or both parties realize the effect of the document as written is different from what was expected but it has already been recorded or filed with a governmental agency. Examples: a paragraph is omitted from a trust which results in the transfer to the trust being a gift subject to gift tax, and which needs to be corrected to keep the state taxing authority from demanding payment. The attorney writing the final draft of a limited partnership agreement writes in a calculation which would triple the profit to a limited partner above the amount discussed by the parties, and when the limited partner refuses to change the document, the general partner sues for reformation.

English-Chinese law dictionary (法律英汉双解大词典). 2013.

Игры ⚽ Нужно сделать НИР?
Synonyms:

Look at other dictionaries:

  • réformation — [ refɔrmasjɔ̃ ] n. f. • 1213; lat. reformatio ♦ Action de réformer; son résultat. 1 ♦ Vx Réforme (I, 1o). Réformation du calendrier. Réformation d un ordre religieux. ♢ Hist. relig. Réforme (I, 2o). Le monument de la Réformation, à Genève. 2 ♦… …   Encyclopédie Universelle

  • reformation — ref·or·ma·tion /ˌre fər mā shən/ n: the act or an instance of reforming; specif: the equitable remedy of reforming a writing (as a deed or contract) and enforcing it as reformed ◇ Reformation is allowed primarily to correct mistakes such as… …   Law dictionary

  • Reformation — may refer to:Movements: * Protestant Reformation, an attempt by Martin Luther to reform the Roman Catholic Church that resulted in a schism, and grew into a wider movement. * Counter Reformation, the Catholic Church s response to the Protestants… …   Wikipedia

  • reformation — Reformation. s. f. v. Restablissement dans l ancienne forme, ou dans une meilleure forme. La reformation des moeurs. la reformation de la justice. la reformation des finances. la reformation de la coustume. la reformation du Calendrier.… …   Dictionnaire de l'Académie française

  • Reformation — Ref or*ma tion (r?f ?r*m? sh?n), n. [F. r[ e]formation, L. reformatio.] 1. The act of reforming, or the state of being reformed; change from worse to better; correction or amendment of life, manners, or of anything vicious or corrupt; as, the… …   The Collaborative International Dictionary of English

  • reformation — reformation, reform can both denote a making better or a giving of a new and improved form or character and are sometimes interchangeable without loss {the reformation of a criminal} {the reform of society} Reformation is the more usual term as a …   New Dictionary of Synonyms

  • Reformation — Réformation Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. Réformation est un nom donné à la Réforme protestante. La réformation est une monnaie de l ancien régime apparue en 1690. Ce document provient …   Wikipédia en Français

  • Reformation — (v. lat.), 1) Umänderung, Verbesserung; 2) die auf Grund der Heiligen Schrift 1517 im Abendlande durch Luther begonnene Reinigung der Kirche von eingeschlichenen Irrthümern u. Mißbräuchen in Lehre, Cultus, Verfassung u. ehlichem Leben. Die durch… …   Pierer's Universal-Lexikon

  • Reformation — Reformation. Gleich einem schnellen Tagesanbruch erscheint die große kirchliche Umgestaltung im 16. Jahrhundert. Einzelne Lichtstrahlen, die bald wieder auslöschten, gingen ihr voran. Ihren vollen Sonnenschein sahen zunächst die Alpen der Schweiz …   Damen Conversations Lexikon

  • Reformation — (lat., »Umgestaltung, Verbesserung«; hierzu die Porträttafel »Reformatoren«), die Bewegung des 16. Jahrh., welche die Entstehung des Protestantismus (s. d.) und damit der lutherischen und reformierten Kirchen zur Folge hatte. Die R. hat in alle… …   Meyers Großes Konversations-Lexikon

  • reformation — ► NOUN 1) the action or process of reforming. 2) (the Reformation) a 16th century movement for the reform of abuses in the Roman Church, ending in the establishment of the Reformed and Protestant Churches …   English terms dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”