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LSDefine

Simple English definitions for legal terms

landed security

Read a random definition: jus urbanorum praediorum

A quick definition of landed security:

Landed security is a type of guarantee that someone gives to make sure they will pay back money they borrowed. It can be something valuable like a house or land. It can also be a promise from someone else to pay back the money if the borrower can't. A security can also be a piece of paper that shows someone owns part of a company or government and can make money from it. Securities don't have value on their own, but they represent something else that does have value.

A more thorough explanation:

Definition: Landed security is a type of collateral that is given to guarantee the fulfillment of an obligation. It is an assurance that a creditor will be repaid any money or credit extended to a debtor.

For example, if someone takes out a loan to buy a house, the house itself can be used as landed security. If the borrower fails to repay the loan, the lender can take possession of the house to recover their money.

Landed security can also refer to a person who acts as a guarantor for someone else's debt. This person is known as a surety.

Overall, landed security provides a way for lenders to protect themselves from the risk of borrowers defaulting on their loans.

landed | landed servitude

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AngryMiniCar
10:15
Like some schools have a conditional scholarship that they take away from you at the drop of a hat and no faculty support in 1L so a lot of people get fucked. I know someone who got screwed by Western New England. Not saying that it is just that I wouldn't think of making it my go-to without digging into it.
10:23
Ok thank you!
10:35
check the 509 report, should show bar passage rate, employment data, and percent of students that retained their scholarship after 1L
lolla after show tickets used to be $20 and now they're fucking $70
I HATE U MUSIC INDUSTRY I HATE U LIVENATION
@GatorNation: are you trying to stay/go to florida for school?
Mostlylegal
11:43
im retiring from lsd yall,
Mostlylegal
11:43
thank you all for the laughs
Mostlylegal
11:44
let this be my formal termination notice
oh no
Mostly where are you going
hey alexa play you'll be black from hamilton
**back
NosyBeagle
12:13
hamilton but he frees the slaves and has to figure out what their racial demographics are for the census
12:17
has anybody compiled the transfer median gpas for law schools anywhere
12:18
instead of having to check each schools 509
12:24
@c0bra1: not that I've seen
12:24
lame
12:24
I think the transfer reddit had a spreadsheet at one point but it's a few years old
@NosyBeagle: I almost fell out of my chair
globalcitizen
13:46
Anyone read annihilation
NosyBeagle
14:40
@windyMagician: I'll be here all week
15:02
yo
15:02
i was training this new girl & she quit on second day
15:03
goin on 6 mo no word from notre dame
whenever someone has the free will to create a protein bar with a texture/appearance unlike an actual log of shit, pls someone send it to me
AngryMiniCar
16:51
any chance I'll improve RC just by hard drilling with no review? I honestly think I just have a reading problem atp
AngryMiniCar
16:51
Not even that I don't know how to answer questions. I think I'm simply not well read
@AngryMiniCar: they say the biggest thing for improving RC over time is just... reading. so yeah! go pick up some books. grab a harder one
@AngryMiniCar: doont worry, 99.9% are uncultured swine
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