16:22
which do i pick
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LSDefine
Simple English definitions for legal terms
syndic
Read a random definition: forestalling the market
A quick definition of syndic:
A syndic is a person who is chosen to represent a group of people or an organization. They are responsible for making sure that the group's interests are protected and that everything is running smoothly. Think of a syndic as a leader who is in charge of making important decisions and communicating with others on behalf of the group.
A more thorough explanation:
A syndic is a person who is appointed to manage the affairs of a group or organization. They act as a representative of the group and make decisions on their behalf.
For example, in a homeowners association, a syndic may be appointed to handle the finances, maintenance, and other responsibilities of the community. They would be responsible for collecting dues, hiring contractors, and making sure the community is well-maintained.
Another example of a syndic is in a business partnership. A syndic may be appointed to manage the day-to-day operations of the business and make decisions on behalf of the partners.
These examples illustrate how a syndic is responsible for managing the affairs of a group or organization and acting as their representative.