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LSDefine

Simple English definitions for legal terms

obliterated corner

Read a random definition: maladministration

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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HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
14:17
How are the vibes heading into thanksgiving yall?
HopefullyInLawSchool
14:17
@Law-Guy Im feeling kinda happy I applied YM to UCI hoping it helps (:
Wanna give some head
soap
14:18
Cornell
14:19
@HopefullyinLawSchool What's YM?
14:19
oh no
HopefullyInLawSchool
14:19
you mom
WorthlessAttractiveZombie
14:19
Ouch
HopefullyInLawSchool
14:19
your*
14:19
I fear I realized too late
babycat
14:20
another victim claimed
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