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Simple English definitions for legal terms

equitable waste

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A quick definition of equitable waste:

Equitable waste is when someone harms property in a way that is not allowed, like a tenant damaging a house or not taking care of it properly. There are different types of waste, like commissive waste when someone actively damages property, and permissive waste when someone doesn't make repairs to protect the property. Toxic waste is a dangerous type of waste that can harm people and the environment. There are laws to regulate the handling and disposing of toxic waste.

A more thorough explanation:

Definition: Equitable waste is a type of harm to real property committed by a tenant that abuses a privilege of nonimpeachability at common law. It refers to waste caused by a life tenant who, although ordinarily not responsible for permissive waste, flagrantly damages or destroys the property. For example, if a life tenant deliberately destroys a building on the property, it would be considered equitable waste.

Examples:

  • If a tenant intentionally damages the property, such as by breaking windows or tearing down walls, it would be considered equitable waste.
  • If a life tenant fails to maintain the property and it falls into disrepair, it would be considered permissive waste. However, if the life tenant deliberately allows the property to deteriorate to the point of destruction, it would be considered equitable waste.

These examples illustrate how equitable waste involves intentional and willful destruction of property, rather than just neglect or failure to maintain it.

equitable tolling | equity financing

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18:46
do u have a dream school?
18:46
well i saw one is at fordham and one is at upenn and ik fordham isnt t14 but its better than temple and villanova
18:47
dream is duke
18:47
ooh interesting choice why Duke?
18:48
i got into fordham and so did the dumbass I was dating for like two months it’s not that hard
18:48
by which I mean if they let him in I don’t trust their standards
18:49
my dad went to duke law so i have been a fan forever
18:49
Duke is fun. I took a trip there when I was 19 or so. Really good time when I was a young rapscallion.
18:49
and ik i just dont think i gave myself enough time for a guaranteed 170+ performance
18:49
I didnt see if anyone answered my UGA question. Did anyone answer it?
18:53
@Dkkm11: are you not still a young rapscallion?
19:00
Nah, I am gray-bearded wizard.
19:02
Hmmm. I guess that’s okay.
19:03
Honestly, idk what I would call myself these days. Will probably not know until I can reflect on this part of my life which will be idk, in like 5 years when I am 32.
19:06
Does your life come in 5 year epochs typically?
19:06
Someone told me a while ago that I was probably molested as a kid because I don’t really have any clear memories of my childhood. But I don’t think I was.
1a2b3c4d26z
19:10
Inside thoughts!
19:10
this is where I post my inside thoughts
19:11
Nah, the fucked up thing about therapists is they try and make you think your parents are your enemy 99% of the time and really they should be telling you that your parents have almost no effect on the rest of your life. If they can get you to keep focusing on your parents they can keep making money.
19:12
Yeah, my life really does flow in about 5 years periods.
19:12
My crypto also flows in 5 day epochs too.
19:16
what do you do with your days as an unemployed crypto guy? do you play an instrument or something
19:47
please lawd
19:47
forgive me
19:47
its time to go back to tha old me
19:50
this is what i feel like when i get one single drill question right
19:50
when u get one wrong ;(
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