Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

cant

Read a random definition: malesworn

A quick definition of cant:

Term: CANT

Definition: Cant is a way of dividing property that is owned by many people. The property is given to the person who offers the highest amount of money, but they must also buy out the other owners' shares. This is also called licitation.

A more thorough explanation:

CANT

Cant is a legal term used in civil law to describe a method of dividing property that is commonly held by awarding it to the highest-bidding owner. However, the successful bidder must buy out each co-owner's interest.

For example, if a group of siblings inherits a property from their parents, but they cannot agree on how to divide it, they may use the cant method. Each sibling would have the opportunity to bid on the property, and the highest bidder would be awarded the property. However, the successful bidder would have to buy out the interests of the other siblings.

Another example would be if a group of friends purchased a vacation home together, but one friend wanted to sell their share. The cant method could be used to determine the value of the friend's share and allow the other friends to bid on it. The highest bidder would then become the sole owner of that share.

The examples illustrate how the cant method can be used to divide property fairly among co-owners. It ensures that the highest bidder is awarded the property, but also requires them to compensate the other co-owners for their share. This method can be useful in situations where co-owners cannot agree on how to divide the property or when one co-owner wants to sell their share.

canon of inheritance | cantred

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
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
LSD+ is ad-free, with DMs, discounts, case briefs & more.