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LSDefine

Simple English definitions for legal terms

upset bid

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A quick definition of upset bid:

An upset bid is when someone offers more money than the current highest bidder in a judicial sale, so that the sale will be cancelled and they can become the new highest bidder. It's like a game of "I'll pay more than you" to win the auction.

A more thorough explanation:

Definition: An upset bid is a bid made in a judicial sale that is higher than the previous bid, with the intention of setting aside the sale.

Example: John bids $100,000 for a property in a judicial sale. Mary then makes an upset bid of $110,000, which is higher than John's bid. If no one else makes a higher bid, the sale will be set aside and Mary will become the new owner of the property.

This example illustrates how an upset bid works in a judicial sale. It allows interested parties to make a higher bid and potentially acquire the property, while also ensuring that the sale is fair and the property is not sold below its actual value.

UPREIT | upset price

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Mostlylegal
14:55
??? what sweatpants do you wear, also i know lulu is expensive but their stuff lasts forever
oh i hate working out in sweats, shorts or leggings or bust
not the Loyola not Chicago decision
Mostlylegal
14:56
unfortunately cant wear leggings anymore the front desk wasnt to happy bout it
(close ur eyes lily)
fr like im actually over it like what is this hell they put me in im so done
how do you work out in sweats
id be melting
also if you dont want men to stare at you at the gym, orangetheory is like 70% women
maybe I'll find an orangetheory. I did spin for ages and that was the girls or the gays, especially if u went to the themed nights
oh there's one fr like three blocks from my house
15:03
THEMED SPIN NIGHTS with girls and gays duude id fuckin be there every day
15:04
what was one of the themes
15:04
lady gaga kesha night at spin ughhhh i wish
female rappers, so megan thee and doja and nicki and flo milli. vibes/10
also they had y2k nights, taylor swift (IF UR INTO THAT), a lot of the time they would do album release nights. so like a week after an album there would be a dedicated spin sesh
15:06
tht sounds so fun omg
15:07
i need a hobby when ppl ask u guys what u do for fun do u know what to say like
15:08
i enjoy watchig reels
I do enjoy watercolor painting, but I believe language used on my resume was "Watercolor painting, reading general fiction novels, digital architecture and interior design, travel"
i knit, read, do solidcore, sew, bike, and im in a mahjong league
15:17
i like to bake cookies, go in the woods, race, shoplift, and get drunk once a week
if you say you read no one will question you bc most people don’t read these days
i read but yeah its fourth wing sue me
@legallybrunettelily: is it any good? i haven't read fantasy in years bc booktok irks me
i think its is amazing nd i hate 90% of booktok
they get worse over time though
like the first two are good
sold ty i was thinking of reading more fantasy today while driving to work
i, shamelessly, was a very big fan of pretty much everything Sarah J. Maas for years and years, but that was so polluted by booktok that it makes me cringe. very fun read for young me tho
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