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LSDefine

Simple English definitions for legal terms

rents, issues, and profits

Read a random definition: Department of the Treasury

A quick definition of rents, issues, and profits:

Rents, Issues, and Profits: This refers to the total amount of money earned from owning or possessing property. It includes the rent paid by tenants, any issues or problems that arise with the property, and the profits made from selling or renting the property. Basically, it's the money you make from owning property.

A more thorough explanation:

Rents, issues, and profits refer to the total income or profit that comes from owning or possessing property.

  • A landlord collects rent from tenants who live in their apartment building. This rent is part of the landlord's rents, issues, and profits.
  • A farmer earns profits from selling crops grown on their land. These profits are part of the farmer's rents, issues, and profits.

These examples illustrate how rents, issues, and profits are the income or profit that comes from owning or possessing property. Whether it's collecting rent from tenants or earning profits from selling crops, the total income or profit is considered rents, issues, and profits.

rent service | rent strike

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General chat about the legal profession.
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[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
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.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
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