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LSDefine

Simple English definitions for legal terms

pernor of profits

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A quick definition of pernor of profits:

Term: PERNOR OF PROFITS

Definition: A pernor of profits is someone who receives the profits or income from a property. This means they get to keep the money that the property makes. It's like being paid for taking care of something that belongs to someone else.

A more thorough explanation:

A pernor of profits is a person who receives the profits of a property. They are the ones who have the right to enjoy the benefits of the property's profits.

For example, if a person owns a rental property but does not have the time or resources to manage it, they may hire a pernor of profits to collect the rent and manage the property. The pernor of profits would receive a percentage of the profits as compensation for their services.

In medieval times, a lord might grant a pernor of profits the right to collect taxes or tolls from a particular area. The pernor of profits would keep a portion of the profits and give the rest to the lord.

The examples illustrate how a pernor of profits is someone who receives the profits of a property or area. They are responsible for managing the property or collecting profits and are compensated for their services. In both examples, the pernor of profits receives a portion of the profits as payment for their work.

pernancy | perp

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Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
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