Define: Legal Obligation

How is Legal Obligation defined in a legal contract?

• Legal Obligation means processing is necessary for compliance with an obligation that the controller must adhere to. Seen in 34 SEC filings.
• Legal Obligation means an obligation that, from time to time, is created by any enactment or authority and relates to a building or its use, including obligations imposed by any necessary consent. Seen in 14 SEC filings.
• Legal Obligation means an obligation to pay alimony or child support that is enforceable under applicable law. A legal obligation can include current as well as past-due alimony and child support debts, depending on the prevailing law. Seen in 5 SEC filings.
• Legal Obligation means any obligation or duty imposed by existing or future statute, regulatory instrument, industry code of practice, court order, or by the requirements of any competent authority. Seen in 3 SEC filings.
• Legal Obligation means we are required by law to process your personal information. Seen in 2 SEC filings.
• Legal Obligation means any requirement or duty created by statute or common law. Seen in 2 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of legal obligation' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Legal Obligation means a duty enforced by law which an agency or individual must comply with.

Relevant Contract Types

• Employment Agreement
• Non-Disclosure Agreement
• Lease Agreement
• Service Agreement

Relevant Circumstances

• When an individual or organization has a legal duty to complete a task or comply with a regulation.
• In cases where a binding legal requirement is placed upon a party due to a contract or agreement.

Relevant Sectors

• Human Resources
• Real Estate
• Professional Services
• Legal Services

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Genie Definition 2

Legal Obligation means an obligation created by any law, statute, or authority that concerns the use or existence of a property.

Relevant Contract Types

• Lease Agreement
• Mortgage Agreement
• Property Management Agreement

Relevant Circumstances

• When there are conditions or obligations related to the use or maintenance of a property.
• In cases where regulations or codes of practice govern the use of a building or land.

Relevant Sectors

• Real Estate
• Construction
• Property Management

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