Statutory Release
Legal definition for Indian law research
Definition
Statutory release, a conveyance which superseded the old compound assurance by lease and release. It was created by 4 & 5 Vict. c. 21 (repealed, as being superseded by subsequent legislation, by the Stat. Law Rev. Act, 1874, No. 2), which abolished the lease for a year. See RELEASE.
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