Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

derivative possession

Read a random definition: verified copy

A quick definition of derivative possession:

Possession means having control over something, like a toy or a house. It can be physical, like holding onto the toy, or legal, like owning a house. Sometimes people can have possession even if they don't own it, like a tenant renting a house. There are different types of possession, like peaceful possession where no one is trying to take it away, or adverse possession where someone takes possession of something that doesn't belong to them.

A more thorough explanation:

Definition: Derivative possession is a type of possession where a person has lawful possession of something, like a rented apartment, but does not hold the title to it.

Examples: A tenant who rents an apartment has derivative possession of the property. They have the right to use and occupy the apartment, but they do not own it. Another example is a person who borrows a car from a friend. They have derivative possession of the car because they have the right to use it, but they do not own it.

Explanation: Derivative possession occurs when a person has possession of something, but they do not have legal ownership of it. The examples illustrate this by showing that the person has the right to use and occupy the property, but they do not have the right to sell or transfer ownership of it.

derivative market | derivative power

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
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
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
LSD+ is ad-free, with DMs, discounts, case briefs & more.