Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Mortmain

Read a random definition: chief judge

A quick definition of Mortmain:

Term: Mortmain

Definition: Mortmain means "dead hand" in French. It refers to land or property that is owned by a church or corporation and cannot be sold or transferred. This is because corporations do not die, so the property remains in their possession indefinitely. This practice used to be called amortization. However, it was seen as unfair and against public policy to have property controlled by a dead person's hand for an extended period. To prevent this, the Rule Against Perpetuities was created as a solution.

A more thorough explanation:

Mortmain

Mortmain is a French term that means "dead hand." It refers to land or property that is held by a church or corporation and cannot be sold or transferred. This is because the corporation or church does not die, so the property remains in their possession indefinitely. In the past, this was called amortization. However, this practice was seen as unfair and against public policy, so the Rule Against Perpetuities was created to prevent it.

An example of mortmain would be a church owning a piece of land that they use for their services. This land cannot be sold or transferred to anyone else because it is held by the church in perpetuity. Another example would be a corporation owning a building that they use for their business. This building cannot be sold or transferred because it is held by the corporation in perpetuity.

These examples illustrate the definition of mortmain because they show how land or property can be held by a church or corporation and cannot be sold or transferred. This is because the church or corporation does not die, so the property remains in their possession indefinitely. This practice was seen as unfair and against public policy, so the Rule Against Perpetuities was created to prevent it.

Mortgagor | Most Favored Nation

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
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
LSD+ is ad-free, with DMs, discounts, case briefs & more.