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Simple English definitions for legal terms

buying-in

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A quick definition of buying-in:

Term: BUYING-IN

Definition: Buying-in refers to the act of purchasing property by the original owner or someone who is interested in it at an auction or foreclosure sale. This means that the person who already owns the property or someone who wants to own it can buy it back at the auction or sale.

A more thorough explanation:

Definition: The act of purchasing property by the original owner or an interested party at an auction or foreclosure sale.

Example: John is facing foreclosure on his home. At the auction, he decides to participate in the bidding and ends up buying-in his own property.

Explanation: In this example, John is the original owner of the property and he participates in the auction to buy-in his own property. This is a common practice in foreclosure sales where the original owner may want to keep their property and is willing to bid on it.

Example: The art collector was interested in a painting that was up for auction. However, when the bidding went too high, he decided to buy-in the painting instead.

Explanation: In this example, the interested party, the art collector, decides to buy-in the painting instead of continuing to bid on it. This allows him to acquire the painting without having to pay the high price that the bidding had reached.

buyer's market | buying on margin

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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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