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Simple English definitions for legal terms

maintenance fee

Read a random definition: Internet Corporation for Assigned Names and Numbers

A quick definition of maintenance fee:

MAINTENANCE FEE: A fee that needs to be paid regularly to keep something in good condition or to maintain a privilege. It can be a charge for keeping a property habitable, reinvesting earnings in mutual funds, or to keep a patent in force. For example, if you want to keep your patent, you need to pay a maintenance fee to the U.S. Patent and Trademark Office every 3 1/2, 7, and 11 1/2 years from the date the patent is issued.

A more thorough explanation:

A maintenance fee is a periodic payment that is required to keep something in good condition or to maintain a privilege. Here are some examples:

  1. License fee: Some licenses require a maintenance fee to keep them valid. For example, a driver's license may require a fee to be paid every few years to keep it active.
  2. Property fee: Homeowners may be required to pay a maintenance fee to keep their property in good condition. This fee may cover things like landscaping, repairs, and upkeep of common areas.
  3. Mutual fund fee: Some mutual funds charge a maintenance fee to cover the cost of reinvesting earnings and dividends.
  4. Patent fee: Patent holders must pay a maintenance fee to keep their patent in force. These fees are due at specific intervals after the patent is issued.

These examples illustrate how a maintenance fee is a payment that is required to keep something in good condition or to maintain a privilege. Without these fees, licenses may expire, properties may fall into disrepair, mutual funds may not be able to reinvest earnings, and patents may become invalid.

maintenance call | maius Latium

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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