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LSDefine

Simple English definitions for legal terms

Record owner

Read a random definition: Seduction

A quick definition of Record owner:

Record owner: A person who owns a property and their name is written on the title. This term is often used for brokers who legally own shares but give the voting rights, profits, and losses to the people who actually benefit from them. Another term for record owner is legal owner.

A more thorough explanation:

A record owner is a person or entity whose name is listed on the official title of a property. This means that they have legal ownership of the property and are responsible for any associated rights and responsibilities.

For example, if John Smith is listed as the record owner of a house, he is the one who has legal ownership of the property and is responsible for paying property taxes, maintaining the property, and making any decisions related to the property.

The term "record owner" can also refer to brokers who hold legal title to shares of stock but pass on the voting rights, profits, and losses to the beneficial owners. For instance, if a broker holds legal title to 100 shares of stock on behalf of a client, the client is the beneficial owner of those shares and is entitled to any profits or losses associated with them, even though the broker is the record owner.

Overall, the term "record owner" is used to identify the person or entity that has legal ownership of a property or asset, regardless of whether they are the ultimate beneficiary of that ownership.

record keeping | recording

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18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
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
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