real party in interest — Person who will be entitled to benefits of action if successful, that is, the one who is actually and substantially interested in subject matter as distinguished from one who has only a nominal, formal, or technical interest in or connection with … Black's law dictionary
Real party in interest — In law, the real party in interest is the one who actually possesses the substantive right being asserted and has a legal right to enforce the claim (under applicable substantive law). Additionally, the real party in interest must sue in his own… … Wikipedia
real party in interest — The person to be benefited by, or entitled to receive the benefits of, the suit. More precisely, that person who can discharge the claim upon which suit is brought and control the action brought to enforce it, Usually but not necessarily the… … Ballentine's law dictionary
real party in interest — 1. : the party entitled to the benefits or proceeds of a cause of action (as an assignee or subrogee) as distinguished from the person ordinarily entitled to maintain the action 2. : the party primarily responsible for a liability or obligation … Useful english dictionary
true party in interest — Same as real party in interest … Ballentine's law dictionary
party — par·ty n pl parties 1 a: one (as a person, group, or entity) constituting alone or with others one of the sides of a proceeding, transaction, or agreement the parties to a contract a person who signed the instrument as a party to the instrument… … Law dictionary
interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim … Law dictionary
party — A person concerned or having or taking part in any affair, matter, transaction, or proceeding, considered individually. A party to an action is a person whose name is designated on record as plaintiff or defendant. M & A Elec. Power Co op, v.… … Black's law dictionary
real — adj [Anglo French, concerning land, property, or things (rather than persons), from Middle French, from Medieval Latin and Late Latin; Medieval Latin realis relating to things (in law), from Late Latin, actual, from Latin res thing, fact] 1 a: of … Law dictionary
Real estate appraisal — Real estate appraisal, property valuation or land valuation is the practice of developing an opinion of the value of real property, usually its Market Value. The need for appraisals arises from the heterogeneous nature of property as an… … Wikipedia
