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LSDefine

Simple English definitions for legal terms

réméré

Read a random definition: stool pigeon

A quick definition of réméré:

Term: RÉMÉRÉ

Definition: Réméré is a French word that means the right to buy back something that was sold. For example, if you sell your house but want to buy it back later, you can include a réméré clause in the contract that gives you the right to repurchase the property at a later date. It's like having a second chance to own something you once had.

A more thorough explanation:

RÉMÉRÉ

réméré (ray-may-ray), n. [French] The right of repurchase.

Réméré is a French term that refers to the right of repurchase. It is a legal agreement that allows the seller to buy back the property they have sold, usually within a specified period of time and at a predetermined price.

For example, if a homeowner sells their house to a buyer but wants to repurchase it within a year, they can include a réméré clause in the sales contract. This clause would give the homeowner the right to buy back the property at a specific price within the agreed-upon timeframe.

Another example is when a business owner sells their company to an investor but wants to retain the option to buy it back in the future. They can negotiate a réméré agreement that allows them to repurchase the business at a predetermined price within a certain period of time.

These examples illustrate how a réméré agreement can be used to provide the seller with the option to repurchase the property or business they have sold, giving them more flexibility and control over their assets.

remedy, mutuality of | REMIC

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17:14
in a professional setting
babycat
17:14
Balls is my buddy and I love him but he literally does say slurs out on the street
babycat
17:14
Not in a professional setting though
17:14
But does he at work and around school settings?
17:14
Or only wit his homies in his time
Dkk
17:14
Thank you @EvolBunny
babycat
17:14
Yeah and he buys me margaritas :)
babycat
17:15
Idk about horsey that guy seems like a freak
17:15
He is an arsehole but he is your asshole
1a2b3c4d26z
17:15
Would kill for a marg
Dkk
17:15
*spreads ass in mirror to check*
babycat
17:15
one million margs at nyc lsd meetup
Dkk
17:16
Nope, not my asshole.
1a2b3c4d26z
17:17
I will walk to nyc to do this
17:17
send it
1a2b3c4d26z
17:17
omw
17:18
Pick up @splitterusclitterus
letsdoadrill
17:18
What time will UCLA begin giving out decisions tomorrow if there’s a wave?
17:19
Who cares about that carp skool
letsdoadrill
17:19
Me
letsdoadrill
17:20
I don’t really care about bantering here tbh I just thought yall would know the time it would
17:20
off wit ya then oy
babycat
17:20
i have no idea if it happens it happens. look at reddit or something
babycat
17:21
@1a2b3c4d26z: yay
Dkk
17:22
UCLA? I am gunna take a guess and say the wave will come out at 11:22:24 on 11/22/24.
no gtown ....?
17:24
@Dkk: the prophecy has been foretold
Dkk
17:24
Gtown will be at the same time tomorrow. They are all coordinating this.
babycat
17:25
Dk is my favorite adcom
thank you dk :)
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