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Simple English definitions for legal terms

lumping sale

Read a random definition: excess reinsurance

A quick definition of lumping sale:

A lumping sale is when several different things are sold together for one price. It's like buying a bunch of toys in a bundle instead of buying them separately. It's a type of sale where you get more than one thing for a single price.

A more thorough explanation:

Definition: A court-ordered sale in which several distinct pieces of property are sold together for a single sum.

Example: A court orders the sale of a farm, which includes a house, barn, and fields. The property is sold as a lumping sale, meaning the buyer must purchase all the property together for one price.

Explanation: In a lumping sale, multiple pieces of property are sold together as a package deal. This type of sale is often ordered by a court when it is more practical to sell the property as a whole rather than separately. In the example given, the court orders the sale of a farm, which includes several distinct pieces of property. The buyer must purchase all the property together for one price, rather than being able to purchase each piece of property separately.

lumping | lump-sum agreement

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General chat about the legal profession.

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babycat

11:37

Aw that’s so sweet Bulbasaur <3

EvolBunny

11:39

@m10: stretching absolutely helps with tight tendons lol

EvolBunny

11:39

now kiss

m10

11:40

@EvolBunny: Indeed! I am just riffing. Practicing for when I get into Chicago and do standup there on the weekends and get mad pussy.

EvolBunny

11:40

You only do cardio on the weekends ;)

babycat

11:40

@m10: I have a friend that does this but he doesn’t get mad pussy

m10

11:40

I'll work that in! Sounds like a good way to segway.

m10

11:41

@babycat: yeah, well unlike 99.99% of people who do standup I will.

BulbasaurNoLikeCardio

11:41

To do stand up comedy you have to have fat balls, that is awesome

m10

11:41

Woah, I got little balls. Like Adam Friedland. I ain't no Stavros.

WelfareIsACat

11:44

what are we hoping for today?

m10

11:44

Nothing. No news is good news for me.

xxRushWaysxx

11:44

Crickets coming from my status update

babycat

11:45

dk are we gonna go to a homoerotic law school together?

EvolBunny

11:45

@m10: at undergrad froshers: https://www.youtube.com/watch?v=6YEarMyIAzs

m10

11:46

@EvolBunny: God damn, classic Randy.

babycat

11:48

Going to law school with you is even more fun than going to San Sebastian, Irún, Hendaye, Biarritz, Bayonne or being sick to my stomach on the Travesera de Gracia in Barcelona partly because in your orange shirt you look like a better happier St. Sebastian partly because of my love for you, partly because of your love for yoghurt partly because of the fluorescent orange tulips around the birches partly because of the secrecy our smiles take on before people and statuary

m10

11:49

Man, there is this girl I visit every month at this one restaurant who I used to go skinny dipping with naked like @ararara always talked about in San Diego. We randomly reconnected like two months ago at this place she works at and we talk a lot about John Steinbeck books. If I don't visit her this month, she might be sad. However, this is my first day not sick and I worry about getting her sick and I am broke. What should I do LSD?

m10

11:49

Thanks @babycat that means a lot!

m10

11:50

Glad we can both be content at Scalia law. One of my favorites.

KnowledgeableRitzyWasp

11:50

you can ask her if she wants to risk getting sick

Eggan

11:50

hi lsd

m10

11:50

I dont have her number or any social media. This is one of those regular kinda things in restaurant and bar culture.

Eggan

11:50

berk td is unlikely so BERK MONDAY :eyes:

KnowledgeableRitzyWasp

11:51

hi eggan :)

babycat

11:52

@m10: I’m not going to DC this isn’t going to work out

info-man

11:55

hello all

KnowledgeableRitzyWasp

11:55

hello info man

KnowledgeableRitzyWasp

11:55

@m10: go see her it's worth the risk

info-man

11:55

hey wasp

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