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Simple English definitions for legal terms

constitutum possessorium

Read a random definition: Panduit test

A quick definition of constitutum possessorium:

Constitutum possessorium is a legal term from Roman law that refers to an agreement where someone transfers possession of something to another person, but still keeps control over it. This is often used in situations where someone pledges property as security for a loan, but still wants to keep possession of it. It's like saying "I'll let you use my toy, but I'm still in charge of it." This type of agreement is also called traditio longa manu.

A more thorough explanation:

Definition: Constitutum possessorium is a Latin term that means "possessory agreement." It refers to a type of constructive delivery in Roman law where mediate possession is transferred while the immediate control or custody remains in the transferor. It also refers to the agreement by which this transfer is brought about.

For example, if someone buys goods from a warehouseman, the goods are delivered to the buyer when the warehouseman agrees to hold them on the buyer's account. The goods remain in the warehouse, but the buyer has control over them.

In the context of a security interest, the pledged property may remain in the possession of the debtor, but as a bailee of the creditor.

Constitutum possessorium is one of three types of constructive delivery. The other two are attornment and brevi manu.

constitutum debiti proprii | construction contract

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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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