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Simple English definitions for legal terms

impound

Read a random definition: continuation-in-part

A quick definition of impound:

Impound: When the police or court take someone's things, like a car or a building, because of a crime. Sometimes the owner can get their things back, but other times the things are given to the government. Impound can also mean taking money from someone who owes a debt and putting it in a special account to pay for things like property taxes and insurance, so the lender or seller doesn't lose money.

A more thorough explanation:

Definition: Impound refers to the act of taking custody of personal property by the court or police in criminal law. This can include items such as automobiles or buildings. The property may be returned to the owner at the end of the proceeding or it may be forfeited to the state, especially in cases involving illegal drugs.

Impound can also refer to the collection of funds from a person who owes a debt secured by property. These funds are collected in addition to installment payments and deposited in a separate account to pay property taxes and insurance. This helps to protect the lender or seller against the borrower's failure to maintain insurance coverage or pay tax bills that constitute a lien on the property.

Examples:

  • When a person is arrested for driving under the influence, their car may be impounded by the police until the case is resolved.
  • If a person is found to be in possession of illegal drugs, any property used to facilitate the crime, such as a house or car, may be impounded and forfeited to the state.
  • When a person takes out a mortgage to buy a house, the lender may require them to impound funds for property taxes and insurance in addition to their monthly mortgage payments.

The examples illustrate how impound can be used in different contexts. In criminal law, impounding property can be used as a way to prevent further criminal activity or to ensure that the defendant does not dispose of evidence. In the context of mortgages, impounding funds helps to protect the lender's investment in the property by ensuring that taxes and insurance are paid on time.

impotence | imprison

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shaquilleoatmeal
17:51
@jackfrost11770: oo interesting - I first went complete 10/25 and now the sub 11/5
shaquilleoatmeal
17:51
wonder if they'll ask for me for more info but can't think of what it would be
17:54
berk…..
shaquilleoatmeal
17:58
what about berk
18:01
i need wave
shaquilleoatmeal
18:04
call them and demand one
@shaquilleoatmeal: did you get double app complete on sub status or just one
letsseehowitgoesnow
18:11
shaq i got that for BU
shaquilleoatmeal
18:13
@Eminatorcookieeater: just one
shaquilleoatmeal
18:14
@letsseehowitgoesnow: lfg!
shaquilleoatmeal
18:14
@Eminatorcookieeater: did you get one or double??
Just one sadly
letsseehowitgoesnow
18:15
I doubt it means anything. I applied like 2 weeks ago lol
letsseehowitgoesnow
18:16
Actually nvm. I don’t have that lol
shaquilleoatmeal
18:17
@Eminatorcookieeater: I think it's still a good sign, seems like we're one stage away from a decision rolling out which is a good thing, whether an A, R, or WL lol
shaquilleoatmeal
18:17
all obviously based on that reddit post which might not be accurate
Exactly at least something is happening haha
shaquilleoatmeal
18:19
lfg just got a vandy interview
Dkk
18:26
Nice, I should get that app in.
Dkk
18:26
Good motivation.
shaquilleoatmeal
18:28
@Dkk: get that app in man, c'mon
[] baddestbunny
18:29
1.5 hours bitches
[] baddestbunny
18:32
but who’s counting?
it’s happennninnnnggg
Dkk
18:37
I will do better! @Shaq
shaquilleoatmeal
18:41
atta boy dk
[] baddestbunny
18:42
I think our opponent’s dad is mad at me
good feed off his malding
JumpySubsequentDolphin
18:52
gulc should send invites so i can take my mind off the election
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