Common law abatement 2025

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Abatement is the act of reducing or nullifying something. Multiple subjects throughout law are subject to abatement and the term appears in many locations. In property law, abatement refers to a reduction in property taxes a person has to pay on any given property.
An abatement clause is defined as a provision in a lease agreement that releases the tenant from paying rent if an act of God makes occupancy impossible or otherwise precludes the property from being used. See also: Abatement. [Last reviewed in November of 2024 by the Wex Definitions Team] Keywords. property.
What does it mean for an action to abate? In a legal context, abate can mean either to delay, interrupt, or close a legal proceeding. For example, a plea for abatement can delay a legal proceeding until an issue can be resolved. There can also be an abatement, or closing, of a legal proceeding if certain cases.
Abatement occurs when there are insufficient assets to fund all of the gifts in a persons will or trust. For example, if a will leaves three people $100k each (or $300k total), but there is only $210k left in the estate, theres an abatement problem.