lesion

Definition of "lesion"
  1. A form of loss that occurs when the value received for immovable property, via a contract of exchange or sale, doesn't meet a specified minimum value, usually half the market price
How to use "lesion" in a sentence
  1. The lawsuit was filed due to a lesion claim where the property was exchanged below half of the market value.
  2. To avoid a claim of lesion, the seller agreed to adjust the price to at least half of the property's market value.
  3. Upon realizing the lesion in the transaction, the buyer opted to seek legal remedies.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z