If we desire respect for the law, we must first make the law respectable.

✨ Enjoy an ad-free experience with LSD+

Legal Definitions - rents, issues, and profits

LSDefine

Every accomplishment starts with the decision to try.

✨ Enjoy an ad-free experience with LSD+

Definition of rents, issues, and profits

Rents, issues, and profits refer to the total income or profit that comes from owning or possessing property.

  • A landlord collects rent from tenants who live in their apartment building. This rent is part of the landlord's rents, issues, and profits.
  • A farmer earns profits from selling crops grown on their land. These profits are part of the farmer's rents, issues, and profits.

These examples illustrate how rents, issues, and profits are the income or profit that comes from owning or possessing property. Whether it's collecting rent from tenants or earning profits from selling crops, the total income or profit is considered rents, issues, and profits.

Study hard, for the well is deep, and our brains are shallow.

✨ Enjoy an ad-free experience with LSD+

Simple Definition

Rents, Issues, and Profits: This refers to the total amount of money earned from owning or possessing property. It includes the rent paid by tenants, any issues or problems that arise with the property, and the profits made from selling or renting the property. Basically, it's the money you make from owning property.

A 'reasonable person' is a legal fiction I'm pretty sure I've never met.

✨ Enjoy an ad-free experience with LSD+

The law is reason, free from passion.

✨ Enjoy an ad-free experience with LSD+