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LSDefine

Simple English definitions for legal terms

perfect ownership

Read a random definition: informal dividend

A quick definition of perfect ownership:

Perfect ownership is when someone has all the rights to use, manage, and enjoy their property, and they can give it to someone else if they want to. Ownership means that you have the right to possess something, even if you don't control it. Ownership rights are permanent and can be passed down to your family. However, sometimes the government can limit your ownership rights if you let other people use your property.

A more thorough explanation:

Perfect ownership is the complete bundle of rights that allow someone to use, manage, and enjoy property. This includes the right to sell or give the property to someone else. Ownership rights are permanent and can be passed down to heirs.

For example, if you own a house, you have the right to live in it, rent it out, or sell it to someone else. You can also make changes to the property, such as adding a new room or painting the walls. These rights are protected by the law, and no one can take them away from you without your consent.

However, ownership does not always mean absolute control. If you open up your property for use by the public, your rights may become limited by the laws and regulations that govern public use. For instance, if you own a restaurant, you cannot discriminate against customers based on their race or gender, as this would violate anti-discrimination laws.

Overall, perfect ownership gives you the most comprehensive set of rights over your property, but these rights are not unlimited.

perfect obligation | perfect right

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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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