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Simple English definitions for legal terms

quasi-possession

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A quick definition of quasi-possession:

Quasi-possession is when someone has control over something that is not a physical object, like a right or a claim. Quasi-realty refers to things that are not real estate but are treated like it, such as a lease on a property. Quasi-rent is the extra value that someone gets from something, like a marriage, compared to their other options.

A more thorough explanation:

Quasi-possession is a type of possession that is not physical. It is also known as incorporeal possession.

  • A person who has a right to use a property, such as a leaseholder, has quasi-possession of the property.
  • A person who has a patent or trademark has quasi-possession of the intellectual property.

These examples illustrate how a person can have control or ownership over something without physically possessing it.

Quasi-rent is a term used in law and economics to describe the excess value of an asset over its salvage value. In the context of marriage, it refers to the excess value of a marriage over the value of the next best option of not being in that specific marriage.

For example, if a person is in a happy and fulfilling marriage, the value of that marriage to them is greater than the value of being single or in a different marriage. The difference between the value of the marriage and the value of the next best option is the quasi-rent.

quasi-partner | quasi-seisin

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
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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
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@JumpySubsequentDolphin: wait this is so cute, also where r u going
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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
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