Absolute Ownership - Law Dictionary Search Results
absolute ownership
Matched in: Term absolute ownership
Ownership
Matched in: Term Ownership
ownership
Matched in: Term ownership
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Estate
an immovable is capable of being the subject of many estates existing concurrently with each other, thus the absolute ownership or fee simple may be leased and sub-leased, mortgaged and charged, each of the holders of these estates
fee simple
that is alienable (as by deed, will, or intestacy) and of potentially indefinite duration ;esp : fee simple absolute in this entry fee simple absolute : a fee that is freely inheritable and alienable without any limitations … fee simple pl: fees simple [simple without limitation (as to heirs) and unrestricted (as to transfer of ownership)] : a fee that is alienable (as by deed, will, or intestacy) and of potentially indefinite duration ;esp
absolute
Matched in: Term absolute
Personal property
property to himself alone. In the case of real property there can be no such thing as an absolute ownership in the subject-matter, i.e., land; the utmost that any one, even an owner in fee simple, can have … case of personal property the primary rule is precisely the reverse; such property is essentially the subject of absolute ownership and cannot be held for any estate (Williamns on Pers. Prop.). This strict rule of the law, however,
Absolute
Matched in: Term Absolute
Limited owner
restricted rights as opposed to full owner with absolute rights. In relation to property absolute, complete or full ownership comprises various constituents such as the right to possess, actual or constructive, power to enjoy, that is to … tenant for life, in tail or by the courtesy, or other person not having a fee-simple in his absolute disposition. The legal estates of limited owners were reduced to equitable interests after 1925 by the (English) Law
Married women's property
by marrying, transferred the ownership of all her property, real and personal, present and future, to her husband absolutely, so that he might sell, pay his debts out of, give away, or dispose by will of it
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