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Simple English definitions for legal terms

single-asset real estate

Read a random definition: manifestation of intention

A quick definition of single-asset real estate:

Single-Asset Real Estate: This is a term used in bankruptcy law to describe a single piece of property that a person or business uses for their income and owes less than $4 million in secured debts on. It cannot be a residential property with less than four units.

A more thorough explanation:

SINGLE-ASSET REAL ESTATE

Single-asset real estate refers to a single piece of property, excluding residential property with less than four residential units, that a debtor uses for business purposes and generates most of their income from. The property must have secured debts of $4 million or less that are fixed and not dependent on any conditions.

An example of single-asset real estate could be a small shopping center that a business owner operates and generates most of their income from. Another example could be a warehouse that a company uses for storage and distribution.

These examples illustrate the definition of single-asset real estate because they are both single pieces of property that are used for business purposes and generate most of the debtor's income. Additionally, the secured debts on the properties are fixed and not dependent on any conditions.

single adultery | single combat

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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.
[] 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
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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