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LSDefine

Simple English definitions for legal terms

Moratorium

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A quick definition of Moratorium:

Term: Moratorium

Definition: A moratorium is when someone is allowed to delay paying back money they owe or stop doing something for a period of time. This can be for a short or long time, until the reason for the moratorium is fixed. For example, if someone can't pay their rent because they lost their job, they might ask for a moratorium on rent payments until they find a new job. The Supreme Court has said that moratoriums don't always mean that someone's property has been taken away, but sometimes they might still have to pay for it.

A more thorough explanation:

A moratorium is a permission to delay the repayment of debts or the performance of obligations, or to stop some activity or law for a period of time. This period is often indefinite and lasts until the purpose for which the moratorium was granted is resolved.

For example, during the COVID-19 pandemic, many countries and states implemented a moratorium on evictions, which meant that landlords could not evict tenants who were unable to pay rent due to financial hardship caused by the pandemic. This moratorium was put in place to provide relief to tenants who were struggling financially due to the pandemic.

In another example, a city may impose a moratorium on new construction in a certain area while it studies the impact of the proposed development on the environment or the community. This moratorium would delay the construction until the city has completed its study and made a decision on whether to allow the development to proceed.

The Supreme Court has ruled that moratoria do not automatically constitute a taking of property, but depending on the circumstances, they may be considered a compensable taking. For example, if a moratorium on construction lasts for an extended period of time and causes significant financial harm to property owners, they may be entitled to compensation for the temporary deprivation of economic use of their land.

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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
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18:48
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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
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