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LSDefine

Simple English definitions for legal terms

fiducia

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A quick definition of fiducia:

Definition: Fiducia is a legal term from ancient Rome that means entrusting something to someone as a form of mortgage or deposit. This allowed the person to hold onto the property until the debt was paid off or the deposit was terminated. However, this type of mortgage fell out of use and was replaced by a simpler and more convenient form called hypotheca. Modern law has followed this change.

A more thorough explanation:

Definition: Fiducia is a legal term from Roman law that refers to the transfer of title by way of mortgage or deposit, with a provision for reconveyance upon payment of the debt or termination of the deposit.

For example, if someone borrows money and puts up their house as collateral, they are using fiducia. The lender has the right to take possession of the house if the borrower fails to repay the loan, but the borrower can regain ownership of the house by paying off the debt.

Fiducia was an early form of mortgage that was eventually replaced by the hypotheca, which is a simpler and more convenient way of transferring title. However, fiducia still has some use in modern law, particularly in civil law jurisdictions.

fides facta | fiducial

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19:00
and been physicists and all that cool shit
19:00
instead we boutta do civ pro
19:00
ur unreal
19:01
i cant believe i would have been enrolled at UCI rn... its definitely a great school i just didnt feel like i fit in with the other students when i did pre orientation there
19:02
also they didnt give me enough money to justify the cost
Roll Tide
Dkk
19:06
UCI hella liberal and trans. I think you would like it. More liberal than like Berk and UCLA if you can imagine. @Eggan
Dkk
19:06
I did astrophysics for 3 years and hated it. Dropped out of my first college cus of it. @limpweeny
Dkk
19:07
Do not recommend studying physics. Super boring, a lot of math, and most results are not replicable.
Dkk
19:08
Ill say this though. I studied a lot of Otto Hahn and was happy to see him at the start of Oppenheimer. Made a little appearance. Nice tribute.
19:08
@Dkk: i know the makeup of UCI but im not from california and i didn't like how i'd have to be isolated from the labor movement since it's not very close to LA and OC is mostly a bunch of rich people tbh
19:09
i like berk's proximity to san francisco. the bay area is full of surprises when it comes to labor
19:11
thats why i'm mostly centered on cities with major labor activity this cycle (besides chicago) such as NYC, boston DC (where the union headquarters usually are)
19:11
Anyone else hella concerned w the uptick in applicants? Not sure if I can use the LSD data of the past to reference
some dean said they're only expecting 5-15% increase over the whole cycle, still not great, but not 30% like currently
19:15
Ohhh okay thank goodness. I saw +38% and lowk got scared
19:16
That doesn’t seem too bad if they increase class size by a bit 🙏
Dkk
19:23
Ahh that is true but OC Disney Unions. Can always be involved in those. Some of the biggest unions in California. I was part of that for a couple years but my union was corrupt. @Eggan
Dkk
19:24
Berk is definitely more fun. Unions in LA are of course the screen actors guild and then hospitality stuff like restaurants. It will be good wherever you go imo if that is what you are into.
Dkk
19:25
@sadpadresfan: yeah, Spivey said the same thing wasp pointed out. 30% to start to 15% at the end. I think part of it may also be people just want more variety. Maybe a similar amount of applicants but more variety. More waitlist movement potentially this year. Schools fighting harder for people.
@KnowledgeableRitzyWasp: the NU dean. Him and Spivey did a podcast on it.
And if you look at the numbers they're starting to come down. A couple weeks ago we were up 36 percent up, now we're only 26 percent up.
NotJustALawyer
21:03
@texaslawhopefully: if you are trying to do texas law, why not go to UT Austin. Probably better scholarships for you compared to Harvard and its a pipeline. Unless, of course, scholarships don't matter in your case.
i studied hard stem but i just hate being in an actual lab lol
depends on the type of lab work that you do, the only thing i did enjoy doing was bacterial genetics because that shit is super fast and fun, but working in a wet lab is just a lottttt of sitting and waiting around
hence law, lmao
@NotJustALawyer: I'm trying to do an appellate clerkship and the very top schools just have better placement. And yes, I'm still considering UT, but I think with my numbers I can get scholarship money at most of the T14.
Also I made my username before I had my lsat back and then UT was my top choice, but I’ve been somewhat open geographically. I also have ties to Texas so I don’t think it’d be hard to get back here if I left the state for law school.
Dkk
21:52
Deja Vu lol
[] baddestbunny
22:07
GM to the Queens whose titties move when they drive over speed bumps 🥰😘.. To the rest of y'all young men, Jiffy Lube hiring 🤨
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