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Profession
Halsbury's Laws of England, 4th Edn., Vol. 3, p. 587. Means a vocation or occupation requiring special usually advanced education, knowledge and skill, e.g. law or medical professions. Also refers to whole body of such professions', Black's
Notice
been abolished by s. 94 of the (English) Law of Property Act, 1925, except in regard to further advances under the statutory conditions (see FURTHER ADVANCES; MORT-GAGES). Notice of a memorandum relating to restrictive covenants or easements
Principal of original loan
court must go behind the transaction of the loan and find out what was the actual cash originally advanced as principal and ignore all interests that may have been added subsequently to that original advanced in order
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Mortgage by deposit of title deeds
there it a transfer of interest in specific immovable property for the purpose of securing payment of money advanced or to be advanced by way of loan. Therefore, such a mortgage of property takes effect against a
Mortgage
the transfer of an interest in specific immovable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or further debt. Or the performance of an
Commercial assets
and class 3 assets constitutes the total commercial assets of the society. Class 1 assets comprise class 1 advances secured on land in the United Kingdom or on land in the Isle of Man, the Channel Island
promotion
of promoting advancing or encouraging the act of exalting in rank or honor also the condition of being advanced encouraged or exalted in honor preferment
Joint-tenancy
1925, s. 111, reproducing (English) Con-veyancing Act, 1881, s. 61. (2) When two persons purchase an estate, and advance the purchase-money between them in unequal portions, equity treats them as tenants in common, notwithstanding the transfer be
Equity of redemption
disadvant-ages attended this species of security:- A prior mortgagee might be postponed to a subsequent mortgagee, who, having advanced his money without notice of such prior mortgage, afterwards acquired the legal estate. See TACKING, which, though abolished
Interpretation of Statute
meaningless or ineffective. Thus, an attempt must always be made to reconcile the relevant provisions so as to advance the remedy intended by the Statute, Board of Muslim Wakfs v. Radha Kishan, AIR 1979 SC 289: (1979)
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