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LSDefine

Simple English definitions for legal terms

obliterated corner

Read a random definition: Conference of Chief Justices

A quick definition of obliterated corner:

An obliterated corner is a point where two boundary lines meet, but the original marker put in place by the surveyor cannot be found. This means that the corner can only be located using other evidence. It's like trying to find a treasure without a map - you have to use clues to figure out where it might be. Sometimes people try to control the price of something by buying a lot of it and then not selling it for a while, which is also called a corner.

A more thorough explanation:

Definition: An obliterated corner is a survey corner that can only be located using evidence other than that put in place by the original surveyor. It is a point in a land description that cannot be reasonably determined from traces of the original marks or other acceptable evidence.

Example: Let's say a surveyor marked a corner of a property with a stone monument. Over time, the monument was destroyed or removed, and there is no other reliable evidence to determine the exact location of the corner. This would be considered an obliterated corner.

This term can also refer to a market manipulation tactic where a group of individuals acquire control over a commodity with the purpose of artificially enhancing the price. They do this by purchasing and selling the commodity, as well as options and futures, in a way that depresses the market price so that they can purchase the commodity at satisfactory prices and withhold it from the market for a time, thereby inflating its price.

Example: A group of investors buys up all the available coffee beans in the market, causing the price to rise. They then withhold the beans from the market for a period of time, causing the price to inflate even further. This is an example of an obliterated corner in the commodities market.

These examples illustrate how an obliterated corner can refer to both a surveying term and a market manipulation tactic.

obliterate | oblivion

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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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