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LSDefine

Simple English definitions for legal terms

assume

Read a random definition: force and effect

A quick definition of assume:

Assume: To take on a responsibility or duty. For example, if someone owes money, another person can assume that debt and take responsibility for paying it. In legal situations, assuming a contract or lease means deciding whether to keep it or end it. Sometimes, people use "assume" to mean they believe something is true without proof.

A more thorough explanation:

Definition: To undertake a duty or responsibility. In legal contexts, it means to take over someone else's duty or responsibility.

For example, if Alice assumes Bob's liability for a debt, she takes over Bob's debt. In bankruptcy proceedings, "assume or reject" means to make a decision about a contract or lease that is still valid.

Assume can also mean to suppose something is true without proof.

Legal: Alice assumes Bob's liability for a debt.

Bankruptcy: The company must decide whether to assume or reject the lease on their office space.

Everyday: I assume the store will be open until 9 pm, but I haven't checked their hours.

The examples illustrate how assume can be used in different contexts. In the legal and bankruptcy examples, assume means taking over a responsibility or making a decision about a contract or lease. In the everyday example, assume means supposing something is true without checking.

assumable mortgage | assumption

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General

General chat about the legal profession.
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19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
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