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LSDefine

Simple English definitions for legal terms

due negotiation

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A quick definition of due negotiation:

Due negotiation: A process where two or more parties try to agree on something. It can be like a game, but it's important to remember that the goal is to reach a fair agreement. It can also refer to the transfer of a document where the new owner takes it without any problems from the previous owner.

A more thorough explanation:

Definition: Due negotiation refers to the transfer of a negotiable document of title from one party to another, where the transferee takes it free of certain claims enforceable against the transferor.

For example, if a seller transfers a negotiable document of title to a buyer, the buyer takes it free of any claims that may be made against the seller. This is known as the good-faith-purchase exception to the doctrine of derivative title.

Due negotiation is an important concept in business and commerce, as it allows for the smooth transfer of ownership of goods and services. It ensures that the transferee is protected from any claims that may be made against the transferor, and that the transfer is made in good faith and without notice of conflicting title claims or defenses.

duellum | due notice

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TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
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.
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