!-- Google Tag Manager (noscript) -->

Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

compossessio

Read a random definition: multure

A quick definition of compossessio:

Term: COMPOSSESSIO

Definition: Compossessio is a legal term that means having possession of something together with other people. It's like sharing something with others and all of you have control over it.

A more thorough explanation:

COMPOSSESSIO

Compossessio is a legal term that refers to the possession of a thing in common. It is a situation where two or more people have joint possession of a property or asset.

For example, if two people inherit a house, they both have compossessio of the property. They both have equal rights to use and enjoy the property, and they both share the responsibilities of maintaining it.

Another example is when two or more people jointly own a business. They have compossessio of the business, which means they share the profits and losses, and they have equal say in the management of the business.

Compossessio is a legal concept that recognizes the joint possession of a property or asset by two or more people. It is important to understand this concept because it affects the rights and responsibilities of each person involved. In situations where compossessio exists, all parties must work together to make decisions and maintain the property or asset.

composition with creditors | compos sui

Warning

Info

General

General chat about the legal profession.
main_chatroom
๐Ÿ‘ Chat vibe: 0 ๐Ÿ‘Ž
Help us make LSD better!
Tell us what's important to you
LSD+ is ad-free, with DMs, discounts, case briefs & more.