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LSDefine

Simple English definitions for legal terms

réméré

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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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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
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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.
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