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Simple English definitions for legal terms

ATIMA

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A quick definition of ATIMA:

Term: ATIMA

Definition: ATIMA is a short way of saying "As their interests may appear." This phrase is often used in insurance policies to show that the person who is named in the policy has some kind of interest in the property that is being insured. This interest might not be specified, but it means that the person is entitled to benefits if something happens to the property. The phrase is also used in a policy's mortgage clause to protect the person who has loaned money to buy the property. This way, if something happens to the property, the lender's interest is also protected.

A more thorough explanation:

Definition: ATIMA (-tee-m-).abbr. As their interests may appear.

The phrase "ATIMA" is often used in insurance policies to show that the named insured has an interest, usually an unspecified one, in the property covered by the policy and is entitled to benefits to the extent of that interest. It is also used in a policy's mortgage clause to protect the mortgagee's real-property interest.

For example, if John buys a house and takes out an insurance policy on it, he would be the named insured. However, if John's friend, Jane, also has an interest in the property, but it is not specified in the policy, the phrase "ATIMA" would be used to indicate that Jane is entitled to benefits to the extent of her interest.

Another example would be if a bank loans money to someone to buy a house, the bank would have a mortgage on the property. The phrase "ATIMA" would be used in the policy's mortgage clause to protect the bank's interest in the property.

Atilian law | Atinian law

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11:44
Crickets coming from my status update
babycat
11:45
dk are we gonna go to a homoerotic law school together?
11:45
@m10: at undergrad froshers: https://www.youtube.com/watch?v=6YEarMyIAzs
m10
11:46
@EvolBunny: God damn, classic Randy.
babycat
11:48
Going to law school with you is even more fun than going to San Sebastian, Irún, Hendaye, Biarritz, Bayonne or being sick to my stomach on the Travesera de Gracia in Barcelona partly because in your orange shirt you look like a better happier St. Sebastian partly because of my love for you, partly because of your love for yoghurt partly because of the fluorescent orange tulips around the birches partly because of the secrecy our smiles take on before people and statuary
m10
11:49
Man, there is this girl I visit every month at this one restaurant who I used to go skinny dipping with naked like @ararara always talked about in San Diego. We randomly reconnected like two months ago at this place she works at and we talk a lot about John Steinbeck books. If I don't visit her this month, she might be sad. However, this is my first day not sick and I worry about getting her sick and I am broke. What should I do LSD?
m10
11:49
Thanks @babycat that means a lot!
m10
11:50
Glad we can both be content at Scalia law. One of my favorites.
you can ask her if she wants to risk getting sick
11:50
hi lsd
m10
11:50
I dont have her number or any social media. This is one of those regular kinda things in restaurant and bar culture.
11:50
berk td is unlikely so BERK MONDAY :eyes:
hi eggan :)
babycat
11:52
@m10: I’m not going to DC this isn’t going to work out
11:55
hello all
hello info man
@m10: go see her it's worth the risk
11:55
hey wasp
babycat
11:56
hi information man
m10
11:56
Thanks wasp, I will.
11:56
hey babycat
m10
11:56
@babycat: What I am referencing earlier with the balls comment. https://youtu.be/qjRBAhWPT7g?si=MxPwIM12dco_Ad2M&t=3325
BulbasaurNoLikeCardio
11:56
Not worth the risk. Get a girl sick and she will remind you forever. Tell her whats up but do not share germs
m10
11:56
was*
JumpySubsequentDolphin
11:57
wear a mask
JumpySubsequentDolphin
11:57
go back to Covid days
m10
11:58
Nah nah she would not like that. She is conservative.
BulbasaurNoLikeCardio
11:58
Tell her you just got over a cold and if she wants to try and steal your germs its on her but no one likes being sick so hopefully she is chill
m10
11:59
We will see. This is enough feedback. Thank you all.
12:00
tell her you wanna test and see if your immune systems are compatible, that gets the ladies going
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