Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

particular successor

Read a random definition: conqueror

A quick definition of particular successor:

A particular successor is someone who takes over the rights and responsibilities of another person or company, but only for a specific thing or property. For example, if someone inherits a house from their parents, they are a particular successor to that property. This is different from a universal successor, who takes over all the rights and responsibilities of the previous owner, such as in the case of an inheritance of an entire estate.

A more thorough explanation:

A particular successor is a person who succeeds to the rights and obligations that pertain only to the property conveyed. This is different from a universal successor, who succeeds to all the rights and powers of a former owner.

  • John inherits his grandfather's house. He is a particular successor because he only succeeds to the rights and obligations that pertain to the house, not to any other property his grandfather owned.
  • When a corporation is dissolved, its assets are distributed to its statutory successors according to the laws of the state of incorporation. The statutory successor is a particular successor because they only succeed to the assets of the dissolved corporation, not to any other assets.

These examples illustrate how a particular successor only succeeds to specific rights and obligations, rather than to all of the rights and powers of a former owner or corporation.

participation loan | particular tenant

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.