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Simple English definitions for legal terms

landed security

Read a random definition: de libera piscaria

A quick definition of landed security:

Landed security is a type of guarantee that someone gives to make sure they will pay back money they borrowed. It can be something valuable like a house or land. It can also be a promise from someone else to pay back the money if the borrower can't. A security can also be a piece of paper that shows someone owns part of a company or government and can make money from it. Securities don't have value on their own, but they represent something else that does have value.

A more thorough explanation:

Definition: Landed security is a type of collateral that is given to guarantee the fulfillment of an obligation. It is an assurance that a creditor will be repaid any money or credit extended to a debtor.

For example, if someone takes out a loan to buy a house, the house itself can be used as landed security. If the borrower fails to repay the loan, the lender can take possession of the house to recover their money.

Landed security can also refer to a person who acts as a guarantor for someone else's debt. This person is known as a surety.

Overall, landed security provides a way for lenders to protect themselves from the risk of borrowers defaulting on their loans.

landed | landed servitude

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19:11
Nah, the fucked up thing about therapists is they try and make you think your parents are your enemy 99% of the time and really they should be telling you that your parents have almost no effect on the rest of your life. If they can get you to keep focusing on your parents they can keep making money.
19:12
Yeah, my life really does flow in about 5 years periods.
19:12
My crypto also flows in 5 day epochs too.
19:16
what do you do with your days as an unemployed crypto guy? do you play an instrument or something
19:47
please lawd
19:47
forgive me
19:47
its time to go back to tha old me
19:50
this is what i feel like when i get one single drill question right
19:50
when u get one wrong ;(
therapist slander detected
1a2b3c4d26z
20:37
Anyone got any polymarket locks
1a2b3c4d26z
20:37
Is anyone in here cool like fr cool
1a2b3c4d26z
20:37
Like watch college football cool
1a2b3c4d26z
20:37
Or like
1a2b3c4d26z
20:38
Frat
1a2b3c4d26z
20:39
Sorry guys I'm bored trying to get my Berkeley essay to 4 pages
20:40
no way they want four pages that’s crazy
20:41
bitches wanna be different sooo bad 😴
1a2b3c4d26z
20:42
Technically they want 3 to be completely fair to the powers that be, so I'm really trying to push out to 3
1a2b3c4d26z
20:42
But it's 1/2 inch margins
20:44
assuming it was 2 already, you’ve totally got 3 double spaced pages in you
20:45
should I watch the quirky umich dean videos? i feel like all of you have seen them except me but I can’t work up any enthusiasm for the idea
1a2b3c4d26z
20:54
I like Dean Z not sure why she gets slandered sometimes
1a2b3c4d26z
20:54
I would say yeah, they're helpful. But they can verge on unproductive and stress-inducing if you watch enough of them (especially the application read-through ones)
21:07
okay I’ll check them out
21:40
hey so where do i see my LSAC GPA bc i know they calculate it differently
21:40
sorry new to dis
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