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Simple English definitions for legal terms

forfeiture restraint

Read a random definition: High Court of Justiciary

A quick definition of forfeiture restraint:

Forfeiture restraint: This is when someone tries to stop a property or contract from being passed on to someone else in the future. It's like saying, "If you give this to someone else, they won't really own it." It's also called a restraint.

A more thorough explanation:

A forfeiture restraint is a legal term used to describe a situation where a conveyance or contract is made with the intention of causing a later conveyance to terminate or become subject to termination. This means that the original owner of the property or asset has the right to take it back if certain conditions are not met.

For example, if a landlord leases a property to a tenant with a forfeiture restraint clause, the landlord can take back the property if the tenant fails to pay rent or violates any other terms of the lease agreement. Similarly, if a company sells shares to an investor with a forfeiture restraint clause, the company can buy back the shares if the investor breaches any of the terms of the agreement.

Another example of forfeiture restraint is when a person sells a car to another person with a clause that allows them to take back the car if the buyer fails to make payments on time. In this case, the seller has the right to repossess the car if the buyer defaults on the payment plan.

Overall, forfeiture restraint is a legal tool that allows property owners and contract parties to protect their interests by ensuring that the other party fulfills their obligations. It is important to understand the terms of any agreement that includes a forfeiture restraint clause to avoid any misunderstandings or legal disputes.

forfeiture clause | forgavel

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Dkk
20:06
I just found out about that guy a week ago but he is actually a big streamer. Sam Hyde told me about him.
lilypadfrog
20:07
your good personal friend Sam Hyde
YouTube is recommending sam hyde to me thanks to dk
Dkk
20:07
Lmfao, that would be cool but nah. Told me about him in a super secret leaked video called "Dear Elon"
lilypadfrog
20:08
I almost saw a picture of Nick Mullen’s penis once
Dkk
20:09
Classic Season 1/2 cumtown leak.
lilypadfrog
20:09
He sent it to my friend
Well I look like a bum, use to my work computer not allowing us to send emails without a subject and sent one without a subject to UTK. Blame the newborn baby brain
20:10
@BulbasaurNoLikeCardio: wow you are really impressive applying to law school as a newborn baby
20:10
.
Dkk
20:11
@lilypadfrog: Speaking of Destiny and Nick. Still seems like Nick is leaking graphic content: https://x.com/brandonpagano/status/1881468884798365804
lilypadfrog
20:11
I read that as you sent them a pic of the baby for a second
kjds are getting crazier
texaslawhopefully
20:11
Sorry to interrupt this scintillating conversation but uchicago needs to release tmrw 😭
20:11
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20:12
sorry
are we not going to get context on nick mullen sending nudes to your friend
lilypadfrog
20:13
he was sexting anyone back in the day and she’s cute
awww
New born baby brain is what you get when you can only sleep in small increments for days straight lol and if I sent them a picture of her I would of gotten a second A so she can attend full ride
Dkk
20:18
@lilypadfrog: lol desperate guy
Trismegistus
20:18
tex i need an A tomorrow from chicago
texaslawhopefully
20:18
Me and you both
texaslawhopefully
20:19
If I get an A from Chicago, I feel like my cycle will have turned out pretty great for my goals
texaslawhopefully
20:19
If I don’t, well…I’ll be back here next year rip
Wouldn't go to Cornell? Also, what's the competitiveness expectation for next cycle?
Trismegistus
20:22
i will be happier than a pig in shit man
texaslawhopefully
20:22
I want to clerk, and Cornell has a 5 percent clerk rate
texaslawhopefully
20:22
Fed clerk
texaslawhopefully
20:23
Chicago is at 25 percent. It’s just such a massive difference I don’t think it’s worth it to go elsewhere besides HYSC and maybe UVA
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