Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

pernor of profits

Read a random definition: problem-oriented policing

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

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
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
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
LSD+ is ad-free, with DMs, discounts, case briefs & more.