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LSDefine

Simple English definitions for legal terms

irredeemable ground rent

Read a random definition: citator

A quick definition of irredeemable ground rent:

An irredeemable ground rent is a type of payment made by a tenant to a landlord for the use of undeveloped land, usually for the construction of a commercial building. It is also a heritable interest in rental income from land, reserved by a grantor who conveys the land in fee simple. This type of ground rent is found primarily in Maryland and Pennsylvania. It cannot be redeemed or bought out by the tenant and is paid indefinitely.

A more thorough explanation:

Definition: Irredeemable ground rent is a heritable interest in rental income from land, reserved by a grantor who conveys the land in fee simple. This type of ground rent is found primarily in Maryland and Pennsylvania.

Example: A property owner in Maryland conveys their land in fee simple to a buyer, but reserves the right to collect a yearly rental income from the land. This rental income is an irredeemable ground rent, as it cannot be redeemed or bought out by the buyer.

This example illustrates how an irredeemable ground rent is a type of rental income that is reserved by the original property owner, even after the land is sold. The buyer of the land must continue to pay the rental income to the original owner, as it is a heritable interest that cannot be redeemed or bought out.

irrecusable | irrefragable

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soapy
10:06
Classy, does that mean they may look at your application, and that look doesn't necessarily trigger any date change?
1a2b3c4d26z
10:06
Man
1a2b3c4d26z
10:07
Walkin to the bus
1a2b3c4d26z
10:07
What a good day to get into law school
ClassyPleasantHeron
10:11
@soapy: I don't know for sure about the law school. For undergrad, once the application is complete, it's assigned to a reader the following Monday. If we had to make any changes, it's because a reader saw something that needed to be changed and the application needed to be re-read after that change.
soapy
10:12
Ahh, got it. Thank you for the insight!
ClassyPleasantHeron
10:14
You're welcome. FWIW, I have no idea what's up with the address changes. We didn't have to do any of that, except for the Georgia state vs country kinds of things.
soapy
10:15
I've heard it theorized that some schools will change the address from "St." --> "Street" as they prepare to send out admissions packets. That's the rumor, anyways.
i think it just indicates a change in status like under review or stages of review
my stanford address went long as soon as it was marked complete lmao
soapy
10:25
I saw some Reddit adcom say that they can see any time we refresh the status checker; I wonder if it's a red flag if an applicant's checked it like 50 times in a day?
soapy
10:25
Also, can we send another LoR to a school that we've already applied to?
soapy
10:26
Or another essay?
10:30
i'll allow it
soapy
10:31
<3 thanks Fart Butt
1a2b3c4d26z
10:31
If I get rejected by a school bc I check my statuses during work then it wasn’t meant to be
10:32
cautionary tail re reddit posts: https://www.youtube.com/watch?v=5jZAQAuqSfs
How else will they know we fuck
Need to know aboot 6 pack abs
How many 666 people apply?
lolololol
soapy
10:34
Ah that's frightening
@triplethread
Why? LOL
soapy
10:35
The adcoms recognize you and will deny you is frightening, lmaoo. Not the abs thing XD
10:36
they browse LSD?
soapy
10:37
Wouldn't be shocked if so; isn't this the biggest law school forum outside of Reddit?
10:37
i gotta change my username
10:37
not sure, the vid i sent used reddit as an example, however i guarantee they [adcoms] are aware of this site
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