LSDefine

Simple English definitions for legal terms

qualified property

Read a random definition: consular invoice

A quick definition of qualified property:

Qualified property refers to the right to possess, use, and enjoy a specific thing, whether it's land or an object. It's like having a bundle of rights that come with ownership. Property can also refer to external things that are owned and used. There are different types of property, such as abandoned property that is voluntarily given up, absolute property that gives full control to the owner, and income property that produces income.

A more thorough explanation:

Qualified property refers to the right to possess, use, and enjoy a specific thing, whether it is a piece of land or a chattel. It is the right of ownership, also known as a bundle of rights.

For example, if you own a house, you have the right to possess it, use it, and enjoy it. You can sell it, rent it out, or live in it. These are all part of your bundle of rights as the owner of the property.

Qualified property can also refer to any external thing over which the rights of possession, use, and enjoyment are exercised. For instance, an airport is city property, and the city has the right to possess, use, and enjoy it.

qualified profit-sharing plan | qualified residence interest

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

BulbasaurNoLikeCardio

9:20

@babycat: does it work like girl math or different?

babycat

9:20

i’m pretty social and probably not autistic. when I say girl autism I mean I just have some like trauma from my childhood

llama

9:20

@BulbasaurNoLikeCardio: very possible as well.

starfishies

9:20

i thought it was a knod to how girls are often under diagnosed for things like adhd and autism lol

babycat

9:21

you can have a sense that you’re different from other people and don’t fit in or don’t understand them without being autistic I think

babycat

9:21

@starfishies: yeah that’s totally fair too

triplethread

9:22

today is THE day

babycat

9:22

also I’m on medicaid so even if i had autism I wouldn’t be able to get it diagnosed

llama

9:23

@babycat: yes exactly, the benefit of being diagnosed is marginal at best

BulbasaurNoLikeCardio

9:24

Everyone is different from other people and fitting in is something that is always a challenge, your people exist just got to find them. Social skills are just hard

llama

9:25

@BulbasaurNoLikeCardio: true it may just be snowflake syndrom

babycat

9:25

😛

llama

9:26

got that $5,500 @ Appalacian!

llama

9:26

@triplethread: Im calling it waves next 3 days

jackfrost11770

9:26

oo r we talking mbti

jackfrost11770

9:27

i get either entj or intj every time i take it its diff lol but always those two

jackfrost11770

9:27

gtown :( is there any hope for a wave today lol

BulbasaurNoLikeCardio

9:27

@llama: I wouldn't call it that, being self aware or believing something is a problem means you have the ability to fix and change it. If you wanna be more social you can find a way. if it is anything it is envy from social media and just comparing yourself to others.

BulbasaurNoLikeCardio

9:29

I am low key hoping to hear nothing until next week from my schools so I can enjoy my four day weekend incase I get an R

llama

9:32

@BulbasaurNoLikeCardio: all very possible. Hopefully only As next 3 days

snow

9:51

goodmorning everyone

atwatodbit

9:52

is anyone expecting a Michigan wave before the holiday?

snow

9:52

i saw on reddit there might bu

atwatodbit

9:52

just noticed I got a date change on Friday

atwatodbit

9:52

@snow: jeez I hope so

BulbasaurNoLikeCardio

10:05

Do you get the email notification for a date change or just refresh and see?

Dkk

10:06

You just have the hobbies and traits of a girl with autism plus the brain power that goes with being an autistic savant. @babycat

atwatodbit

10:08

@BulbasaurNoLikeCardio: just refresh and see. I’ve gotten no communications from them since the status check

atwatodbit

10:08

I didn’t know people were getting emails from Mich regarding status updates?

Dkk

10:09

I should clarify that. I think maybe where people get offended is when I say autistic savant people tend to think that means like bad social skills or whatever or some sort of other lacking in one's life and this is not what I mean here.

LSD+ is ad-free, with DMs, discounts, case briefs & more.