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Simple English definitions for legal terms

catching bargain

Read a random definition: supplemental surety

A quick definition of catching bargain:

Definition: Catching bargain is when someone agrees to buy or sell something on unfair terms, especially when the other person has a future interest in the property. This is not allowed by law because it is unfair and takes advantage of someone.

A more thorough explanation:

Catching bargain is an agreement to purchase real property or loan money secured by real property from a person who has an expectant or reversionary interest in the property on unconscionable terms. This means that the terms of the agreement are unfair and unreasonable.

  • John is in financial trouble and needs money urgently. He agrees to sell his house to his friend, Tom, for half its market value. This is a catching bargain because John is in a vulnerable position and is being taken advantage of by Tom.
  • Susan is a landlord who rents out apartments. She makes her tenants sign a lease agreement that includes a clause stating that they cannot sue her for any reason. This is an illegal bargain because it is against public policy to prevent someone from seeking legal recourse if they have been wronged.

These examples illustrate how catching bargain and illegal bargain can be used to exploit vulnerable individuals or circumvent the law. It is important to be aware of these types of agreements and to seek legal advice if you are unsure about the terms of a contract.

catallis captis nomine districtionis | catchpoll

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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.
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
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