Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

buying-in

Read a random definition: stirps

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

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
BulbasaurNoLikeCardio
18:23
Ill just keep arguing for more money off until I get it or they end up paying me to take it lmao
18:24
what other guns ya got
are we losing hope for gtown lol
yeah i dont think gtown does A's this late unfortunately
18:25
it is like 630 on a friday there bud
18:25
think it is safe to say it aint happenin today\
damn it was a slow day today
BulbasaurNoLikeCardio
18:26
I got a custom built Leftie ar15 I run suppressed, a regular ar15, a .270 axis savage bolt gun, xd9, xd40 and have my AR10 I run suppressed.
BulbasaurNoLikeCardio
18:26
I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R
18:28
ruin my thanksgiving law schools uwu
PerpetualCheerfulBeaver
18:53
I really thought a texas schools wave was going to hit today...guess it will be December 1
7Rings
19:00
No news is good news 😜
PerpetualCheerfulBeaver
19:10
the mentality im embracing
ClassyPleasantHeron
19:23
You will see some A waves next week, just before Thanksgiving. Schools like to give people things to talk about over the holidays.
19:26
my predict monday berk from earlier td
snow
19:33
Oregon decision rendered…
snow
19:33
Bro why don’t they just tell me lol
damn ive been under review for a month and no movement, when did u apply snow?
snow
19:39
The day apps opened. I still don’t know what the decision is tho lol
Dang. Crossing my fingers for you!!
snow
19:41
Thank you!!
shaquilleoatmeal
19:44
Snow dude wtf you been
snow
19:46
Working! I was prepping for a trial but it got reset!
snow
19:47
Have you don your gulc interview?
JumpySubsequentDolphin
19:47
@snow: snow!!!! I’m in Oregon should I break into admissions office and demand your decision be sent
shaquilleoatmeal
19:49
Better to be prepared than not, otherwise it always happens when you don’t prep
shaquilleoatmeal
19:50
Yea did it a week and half ago, told us we won’t hear anything until end of December if we’re lucky, most likely first week of jan
shaquilleoatmeal
19:50
Said no one works after Monday this week and no one works week of Christmas
shaquilleoatmeal
19:50
So holiday takes time away from app review
snow
19:54
True @shaq and do it jumpy!!
LSD+ is ad-free, with DMs, discounts, case briefs & more.