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LSDefine

Simple English definitions for legal terms

exoneration

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A quick definition of exoneration:

Exoneration means to remove a burden or responsibility from someone. It can also refer to the right to be reimbursed for paying money that someone else should have paid. For example, if a person guarantees a loan for someone else and that person doesn't pay it back, the guarantor may have the right to make the borrower pay instead. In some cases, when a person leaves property to someone else that has a mortgage or lien on it, the doctrine of exoneration can be used to pay off the debt from the general assets of the estate.

A more thorough explanation:

Definition: Exoneration means to remove a burden, charge, responsibility, or duty. It can also refer to the right to be reimbursed for paying money that someone else should have paid. Additionally, it is the equitable right of a surety to compel the principal debtor to satisfy an obligation.

  • If a testator leaves a gift of property that has a mortgage or lien, the doctrine of exoneration operates to satisfy the encumbrance from the general assets of the estate.
  • A surety has the right of exoneration, which means they can compel the principal debtor to satisfy the obligation, even if the surety has the right of reimbursement.

These examples illustrate how exoneration works in different situations. In the first example, if someone leaves a property as a gift, but it has a mortgage or lien, the doctrine of exoneration ensures that the encumbrance is paid from the estate's assets, rather than burdening the recipient of the gift. In the second example, a surety has the right to compel the principal debtor to satisfy the obligation, even if the surety has the right of reimbursement. This ensures that the surety is not unfairly burdened with the responsibility of fulfilling the obligation.

exonerate | exoneration, suit for

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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.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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