Statute

A statute is a formal written law enacted by a legislative body. Statutes are often designed to regulate behavior, mandate certain actions, or set standards and guidelines for various activities.

Definition

A statute is a formal written law enacted by a legislative body at either the state or federal level. These laws serve as a legal framework to govern behaviors, establish rights, regulate activities, and set standards or guidelines. Once a bill proposed by a legislative body is passed and signed by the governing official (such as the governor or president), it becomes a statute.

Examples

  1. State Statute: When a bill about traffic regulations is passed by the state legislature and signed by the governor, it becomes a state statute that regulates driving behavior within that state.
  2. Federal Statute: The Affordable Care Act, passed by Congress and signed by the President, is a federal statute providing health insurance reforms nationwide.

Frequently Asked Questions (FAQs)

What is the difference between a statute and a regulation?

While statutes are laws enacted by legislative bodies, regulations are rules made by executive agencies based on statutes. Statutes give agencies the authority to create regulations, which provide detailed instructions on how the statutes should be implemented.

How does a bill become a statute?

A bill becomes a statute after going through the legislative process, which includes introduction, committee review, floor debate, voting by the legislative body, and being signed into law by the executive authority (governor or president).

Can statutes be changed?

Yes, statutes can be amended or repealed by the legislative body that enacted them. This requires passing a new bill that explicitly modifies or revokes the previous statute.

Are there different types of statutes?

Yes, there are two main types: public statutes which apply to the public at large, and private statutes which apply to specific individuals or entities.

How are statutes cited?

Statutes are cited by their codified location in legal texts. For example, U.S. federal statutes are cited from the United States Code (U.S.C.), such as “42 U.S.C. § 1983.”

  • Regulation: Detailed rules created by executive agencies that implement the statutes.
  • Common Law: Law developed by judges through decisions in court cases, rather than through statutes or written legislation.
  • Ordinance: A law or regulation made by a city or town government.
  • Bill: A proposed piece of legislation that has not yet been enacted into law.
  • Codification: The process of collecting and arranging statutory laws into a code.

Online Resources

  1. Legal Information Institute (LII) by Cornell Law School
  2. GovTrack.us: Tracks U.S. Congress bills and statutes.
  3. USA.gov: Information about federal and state laws and regulations.

References

  1. Black’s Law Dictionary: The definitive legal dictionary for terms used in the U.S. legal system.
  2. United States Code: The codification by subject matter of the general and permanent laws of the United States.
  3. State Legislative Websites: For individual state statutes and legislative processes.

Suggested Books for Further Studies

  1. Statutes and Statutory Construction by Norman J. Singer
  2. Reading Law: The Interpretation of Legal Texts by Antonin Scalia and Bryan A. Garner
  3. How Our Laws Are Made by Charles W. Johnson & John V. Sullivan

Real Estate Basics: Statute Fundamentals Quiz

### What is a statute? - [ ] A government regulation - [ ] A judge's ruling - [ ] A formal written law enacted by a legislative body - [ ] An executive order > **Explanation:** A statute is a formal written law enacted by a legislative body. ### When does a bill become a statute? - [ ] When it is introduced in the legislature - [ ] When it passes a legislative vote - [ ] When it is signed by the executive authority (governor or president) - [ ] When it is discussed in committee > **Explanation:** A bill becomes a statute when it is signed into law by the executive authority after passing legislative voting. ### Are statutes created by legislative bodies? - [x] Yes - [ ] No > **Explanation:** Statutes are created by legislative bodies such as Congress or state legislatures. ### Can a statute be repealed? - [x] Yes - [ ] No > **Explanation:** Yes, statutes can be repealed or amended by passing a new legislative act. ### What details do regulations based on statutes provide? - [ ] Broad legislative intent - [x] Detailed instructions on implementation - [ ] Legal precedents - [ ] General principles > **Explanation:** Regulations provide detailed instructions on how the general principles laid out in statutes should be implemented. ### Which of these is an example of a state statute? - [ ] The U.S. Constitution - [x] A law passed by the state legislature about public schooling - [ ] A federal executive order - [ ] A judicial ruling in a civil case > **Explanation:** A law passed by a state legislature regarding public schooling is an example of a state statute. ### What type of statute applies to the general public? - [x] Public statute - [ ] Private statute > **Explanation:** Public statutes apply to the general public, whereas private statutes apply to specific individuals or entities. ### How are statutes cited in legal texts? - [ ] By their date of enactment - [ ] By the sponsoring legislator's name - [ ] By their codified location, e.g., "42 U.S.C. § 1983" - [ ] By their description > **Explanation:** Statutes are cited by their codified location, such as "42 U.S.C. § 1983." ### What process involves collecting and arranging statutory laws into a code? - [ ] Legislation - [ ] Regulation - [ ] Ordinance - [x] Codification > **Explanation:** Codification is the process of collecting and arranging statutory laws into a code. ### What differentiates common law from statutes? - [ ] Common law is enacted by legislatures - [ ] Statutes are created by judiciary - [x] Statutes are written laws by legislatures; common law is derived from judicial decisions. - [ ] There is no difference > **Explanation:** Statutes are formal written laws enacted by legislative bodies, whereas common law is derived from judicial decisions over time.
Sunday, August 4, 2024

Real Estate Lexicon

With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!

Real Estate Real Estate Investment Real Estate Law Property Management Real Estate Transactions Real Estate Financing Real Estate Development Mortgage Property Valuation Commercial Real Estate Real Estate Appraisal Real Estate Valuation Property Rights Land Use Property Ownership Urban Planning Property Value Real Estate Finance Foreclosure Market Value Real Estate Contracts Depreciation Property Law Interest Rates Construction Estate Planning Lease Agreement Appraisal Investment Financing Mortgage Loans Financial Planning Real Estate Terms Legal Terms Zoning Real Estate Market Rental Income Market Analysis Lease Agreements Housing Market Property Sale Interest Rate Taxation Title Insurance Property Taxes Amortization Eminent Domain Investment Analysis Property Investment Property Tax Property Transfer Risk Management Tenant Rights Mortgages Residential Property Architecture Investments Contract Law Land Development Loans Property Development Default Condemnation Finance Income Tax Property Purchase Homeownership Leasing Operating Expenses Inheritance Legal Documents Real Estate Metrics Residential Real Estate Home Loans Real Estate Ownership Adjustable-Rate Mortgage Affordable Housing Cash Flow Closing Costs Collateral Net Operating Income Real Estate Loans Real Property Asset Management Infrastructure Mortgage Loan Property Appraisal Real Estate Investing Urban Development Building Codes Insurance Loan Repayment Mortgage Payments Real Estate Broker Shopping Centers Tax Deductions Creditworthiness Mortgage Insurance Property Assessment Real Estate Transaction