Bare Trustee - Law Dictionary Search Results
Bare trustee
Matched in: Term Bare trustee
Passive trust
Property Act, 1925, 1st Sch., par. 3, the legal estate existing on the 1st January, 1926, in a bare trustee became vested in the person of full age who at that date was entitled to require the legal … (English) Law of Property (Amendment) Act, 1926, in favour of a purchaser without notice from the trustee. See BARE TRUSTEE.
Simple trust
call upon the trustee to execute conveyances of the legal estate as the cestui que trust directs. See BARE TRUSTEE and Law of Property Act, 1925, s. 3 (3), and Settled Land Act, 1925, s. 7 (5), enabling
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Active trust
Active trust, a confidence connected with a duty. See BARE TRUSTEE
Power
or others after the death of one of the donees [(English) Trustee Act, 1925, s. 18], but a bare power to two or more by name will not survive (Sugden on Powers; Wms. On Executors). A power
Uses
and policy of the Common Law. 'Firstly. Estates passed by way of use, from one to another, by bare words only, without any solemn ceremony or permanent record of the transaction, whereby a third person that had … their Common Law rights since uses were devisable. 'Thirdly. Lords lost their wardships, reliefs, marriages, and escheats, the trustees letting the cestui que use continue the possession, whereby the real tenants that held the lands could not
Consideration
not the same as 'consideration of blood' which as between grantor and grantee may support a simple or bare conveyance to the grantee. 'Blood' may mean a child or blood relation. Considerations such as 'love and affection' … Means everything receive in return for the supply of services or the provision of services, Nell Gwynn House Trustees v. Customs Comrs. [H.L. (E)], (1999) 1 WLR 181. If the consideration for a disposal is money, the
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