Simple English definitions for legal terms
Read a random definition: FIFO
Successor in interest: A person who takes over ownership or control of something from someone else. When this happens, the new owner has the same rights as the old owner and nothing changes.
A successor in interest is a person or entity that takes over ownership or control of a property or asset from another person or entity. The successor in interest retains the same rights as the original owner, with no change in substance.
These examples illustrate how a successor in interest can take over ownership or control of a property or asset and assume the same rights and responsibilities as the previous owner. This can happen through inheritance, sale, or other legal means.
successor guardian | successor titulo lucrativo post contractum debitum