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LSDefine

Simple English definitions for legal terms

jus retractus

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A quick definition of jus retractus:

Jus retractus is a legal term that means the right of certain family members to buy back property that has been sold. It can also refer to a debtor's right to have someone else buy back their debt within a year of it being sold.

A more thorough explanation:

Jus retractus is a legal term that comes from the Latin language, meaning "the right of retraction." It is a concept in civil law that refers to two different situations:

  1. When certain relatives of a person who has sold immovable property have the right to repurchase it.
  2. When a debtor has the right to redeem a debt that has been sold by the creditor to a third party within a year for the price paid by the purchaser.

For example, let's say John sells his house to Mary. If John's brother has the right of jus retractus, he can repurchase the house from Mary instead of John. Similarly, if John owes money to a bank and the bank sells his debt to a debt collector, John has the right of jus retractus to redeem the debt by paying the amount paid by the debt collector.

jus retinendi et insistendi | jus sanguinis

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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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