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Simple English definitions for legal terms

fiar

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A quick definition of fiar:

Term: FIAR

Definition: In Scottish law, a fiar is someone who owns an estate in fee simple, which means they have full ownership and control over the property. This is different from a liferenter, who only has the right to use the property during their lifetime.

A more thorough explanation:

FIAR

In Scots law, a fiar is a person who holds an estate in fee, as opposed to a liferenter.

Example 1: John inherited a piece of land from his father. As a fiar, he has complete ownership of the land and can sell it or pass it on to his heirs.

Example 2: Mary was granted a liferent of a house by her late husband's will. She can live in the house for the rest of her life, but she cannot sell it or pass it on to anyone else. The fiar of the house is her son, who will inherit it after Mary's death.

A fiar is someone who has full ownership of an estate, meaning they can sell it, pass it on to their heirs, or do whatever they wish with it. In contrast, a liferenter only has the right to use the estate for the duration of their lifetime, but they cannot sell it or pass it on to anyone else. The examples illustrate the difference between a fiar and a liferenter, with John being a fiar who can do whatever he wants with his land, while Mary is a liferenter who can only use the house for the rest of her life.

fiant | fiat

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13:09
Yo
lawguy we're nearly stats twins :D
13:13
I saw that, and I saw you got the Georgetown interview invite yesterday too! Goodluck!
you too haha, i was super surprised to have received one so early not gonna lie
i heard the group interview is really chill and I'm kinda excited to do it
seems cool
13:14
Yeah, 7sage has a page that talks about the questions for each schools interview, GULC's seems unique
13:15
Idk how much of an effect it has on admissions chances but should be cool either way
ive heard the conversion rate for gulc group interview is pretty high even moreso if you have the stats
it's hard to say but i've also heard that the group interview is harder to get than the alumni interview. but who really knows tbh
im p sure they don't interview everyone and getting one this early should be a great sign!
13:16
Yeah I've heard the same ab the group interview
13:17
So maybe I'll see you in D.C. a year from now lmao
initiallaw
13:32
Speaking of stat twins kazuyamishima were exact stat twins lol
17:13
Anyone going to the UGA zoom thing on the 22nd?
17:16
My bad, 24th*
Idk, what's it for?
@Law-Guy: How'd you get the Vandy fee waiver?
17:32
What does going ur3 in 3 days mean at Uva 😅
that you will get UR2 in 3 more
17:33
somethings gotta give
I’m new. What’s the UR and UR2?
17:35
I already went ur2. It’s the 3rd status date change
17:35
@RustyWrangler: attend one of their virtual info sessions and they'll send you a fee waiver
@Law-Guy: Awesome, thanks! I'll sign up rn!
i'm not entirely sure
They've recently been sending a lot of interview invites
It means status change?
17:47
Someone said there is a wl/r wave coming but how can that even be predicted 😭
17:48
Where?
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