Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

maintenance fee

Read a random definition: optionor

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

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
TGM
18:23
How long can I delay sending my fall grades if they hurt my GPA? I’m still waiting on decisions and ideally I’m hoping they decide BEFORE seeing my new grades
TGM
18:27
dropped my GPA below median for a couple of schools I’m applying to, when I was above median before
Dkk
18:32
@TGM: Not long enough to get another transcript to recover.
Dkk
18:33
Honestly you could just wait until someone actually asks for your fall grades. Who knows.
Dkk
18:34
@wigwav: It looks like if below medians it will not help but If applying in November it seems you are still middle of the cycle.
18:34
@wigwav: nah
TGM
18:34
like am I expected to send it unprompted or can I wait until a school requested it
Dkk
18:35
@TGM: Expected to send it unprompted but you can wait and see.
18:36
Is your LSAT also below median?
TGM
18:37
It’s above median, but I’m applying T6 with unimpressive softs, so even with a good LSAT it’s tough
texaslawhopefully
18:38
Yeah, then I would just wait as long as you can to send it
texaslawhopefully
18:38
For like HLS at least, if you wait till J6 then you may already have a decision
TGM
18:39
@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)
18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
LSD+ is ad-free, with DMs, discounts, case briefs & more.