См. также: legal memorandum, legal drafting, legendary figure, legalization of euthanasia
A memorandum of understanding (MoU) describes a bilateral or multilateral agreement between two or more parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen's agreement. (Wikipedia)
Want of Consideration
A comprehensive term for all transactions or situations where no inducement to a contract was intended to pass between the parties thereto and, therefore, no legally enforceable contract is created. (West's Encyclopedia of American Law, edition 2)
"Title" means ownership. But ownership can be "encumbered," for example, by a tenant with a lease, which is an "interest," something which is less than full ownership but which is legally enforceable and usually recorded if it has to do with real estate. "Interests" include those established in probated wills and in trusts, those established in mortgages and judgment liens, and those established in recorded easements. "Rights" is a hodge-podge term that applies to everything else. It can include contractor liens, homestead interests, prescriptive easements (common-law easements), the rights of neighbors under restrictive covenants, and many other things. (StackExchange)
"Title" means ownership. But ownership can be "encumbered," for example, by a tenant with a lease, which is an "interest," something which is less than full ownership but which is legally enforceable and usually recorded if it has to do with real estate. "Interests" include those established in probated wills and in trusts, those established in mortgages and judgment liens,and those established in recorded easements. (StackExchange)
