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  • A situation where the amount of money you owe on the mortgage on the property is more than the sale price.

  • A breach of the common law duty of care will often be an act of negligence. For example, if you drive on the road in a dangerous manner that will be considered negligent. Such action will only give rise to a claim for damages if, as a result of that negligence, somebody is hurt. There must be a clear link between the negligent behaviour and the injury.

  • The engagement in discussions between parties in an attempt to resolve disputes that have arisen.

  • The threshold below which an asset is subject to no Inheritance tax.

  • Decree Nisi is a certificate which is issued by the court half way through your divorce. One of the parties can then later apply for a decree absolute which will formally end the marriage.

  • A general term which can be applied to all types of conditional fee or contingency fee agreements.

  • See conditional fee agreement.

  • Assets brought into the marriage by one spouse only are often referred to as non-matrimonial property e.g an inheritance, a gift received during the marriage or shares in a family business.

  • Given by whichever party is bringing the employment relationship to an end. Notice periods can be either statutory or contractual. An employer must give at least the statutory minimum period of notice, which is calculated from the length of employment.

  • Court proceedings to end your contract of marriage as a void, or voidable marriage eg. failure to consummate marriage.