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LSDefine

Simple English definitions for legal terms

successor in interest

Read a random definition: amittere legem terrae

A quick definition of successor in interest:

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 more thorough explanation:

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.

  • When a person dies, their property may pass to their heirs as successors in interest.
  • If a business is sold, the new owner becomes the successor in interest and assumes all the rights and responsibilities of the previous owner.
  • If a landlord sells a rental property, the new owner becomes the successor in interest and takes over the leases and rental agreements with the tenants.

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

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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