Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

transfer

Read a random definition: fair-and-equitable requirement

A quick definition of transfer:

Transfer: Transfer means giving something you own to someone else. It can be done in many ways, like selling, giving as a gift, or renting. Sometimes, you need to follow legal rules to transfer something, like when you sell a house. But other times, you can just give something to a friend without any legal paperwork.

A more thorough explanation:

Definition: Transfer is when someone voluntarily gives ownership of a property or asset to another person. This can be done through various means such as selling, leasing, gifting, or putting a lien on the property. Some transfers require legal documentation and registration, while others do not.

  • John sold his car to Sarah for $5,000. This is an example of a transfer of ownership through sale.
  • Emily leased her apartment to Tom for a year. This is an example of a transfer of possession through lease.
  • Mark put a lien on his house to secure a loan from the bank. This is an example of a transfer of interest through lien.
  • Lucy gifted her antique watch to her sister. This is an example of a transfer of ownership through gift.

These examples illustrate how transfer can occur through different means and for different reasons. In each case, ownership or possession of the property or asset is transferred from one person to another.

transcript | Transfer agent

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
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.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
LSD+ is ad-free, with DMs, discounts, case briefs & more.