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LSDefine

Simple English definitions for legal terms

memorandum sale

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A quick definition of memorandum sale:

A memorandum sale is when someone agrees to buy something, but they don't officially own it until they approve of it. It's like trying on clothes before you buy them. The buyer can take the item home and use it, but they can still change their mind and give it back if they don't like it.

A more thorough explanation:

Definition: A memorandum sale is a conditional sale in which the buyer takes possession of the property but does not accept title until approving the property. It is a type of sale where the buyer has the right to approve the property before accepting the title.

Example: John wants to buy a car from a dealership. The dealership allows John to take the car for a test drive and use it for a few days. If John likes the car, he can accept the title and complete the purchase. If John does not like the car, he can return it to the dealership without accepting the title. This is an example of a memorandum sale.

Explanation: In a memorandum sale, the buyer has the right to approve the property before accepting the title. This means that the buyer can take possession of the property and use it for a certain period of time before deciding whether to accept the title or not. The example of John buying a car from a dealership illustrates this concept. John can take the car for a test drive and use it for a few days before deciding whether to accept the title or not.

memorandum opinion | memorial

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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.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
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