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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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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.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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