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LSDefine

Simple English definitions for legal terms

lapse

Read a random definition: single-name paper

A quick definition of lapse:

Definition: Lapse is when something ends because of time passing, a condition not being met, or a change in situation. For example, if someone doesn't accept an offer in time, the offer might lapse. Or if someone doesn't do what they promised in a contract, their right might lapse. In property law, if someone is supposed to get something in a will but they die before the person who wrote the will, their right might lapse. Some places have a law to prevent this from happening, but it can be stopped if the will says so.

A more thorough explanation:

Definition: Lapse refers to the termination of a right, interest, duty, or obligation due to the passage of time, failure of a condition, or a change in circumstance.

Examples:

  • Lapse because of the passage of time: If a party fails to accept an offer within the specified time limit, the offer may lapse and become void.
  • Lapse because of failure of a condition: If a contract requires a party to perform a certain action, and the party fails to do so, their right to the contract may lapse.
  • Lapse because of a change in circumstance: In property law, if a will specifies a devise (a gift of property) to a person who dies before the testator (the person who made the will), the devise may lapse. However, some jurisdictions have anti-lapse statutes that prevent this from happening.

The examples illustrate how a lapse can occur due to different reasons. In the first example, the lapse occurs because of the passage of time, while in the second example, it occurs due to the failure of a condition. The third example shows how a lapse can occur due to a change in circumstance, which is common in property law.

Lapp test | lapse statute

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
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
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