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Simple English definitions for legal terms

concurrent covenant

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A quick definition of concurrent covenant:

A concurrent covenant is a type of agreement that is made between two or more parties at the same time. It is a legal promise that is made simultaneously and is binding on all parties involved. This type of covenant is often used in real estate transactions, where multiple parties may have an interest in a property. It is important to note that a concurrent covenant is different from a concurrent estate, which refers to a situation where multiple parties have ownership rights in a property.

A more thorough explanation:

A concurrent covenant is a type of covenant that is made simultaneously with another covenant. It is a legal agreement between two or more parties that is made at the same time as another agreement.

For example, if two parties enter into a contract to sell a piece of property, they may also make a concurrent covenant to maintain the property until the sale is complete. This means that both parties have agreed to take responsibility for the upkeep of the property until the sale is finalized.

Another example of a concurrent covenant is in trademark law. If two companies have similar trademarks that were both commercially used before they applied for registration, they may be allowed to register their marks concurrently. However, the U.S. Patent and Trademark Office may impose restrictions on each mark's use to prevent consumer confusion.

concurrent consideration | concurrent-sentence doctrine

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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