Beneficial Owner - Law Dictionary Search Results
beneficial owner
Matched in: Term beneficial owner
Beneficial owner
Matched in: Term Beneficial owner
Equitable estates and interests
to the property, and he alone was responsible for the obligations and incidents attaching to the property, the beneficial owner merely having a personal right inequity to force the legal owner to carry out his obligation or trust, … Intestates Estate Act, 1884 (47 & 48 Vict. c. 71), to escheat. As between the legal and the beneficial owner, equity followed the law, by analogy to the law applicable to ownership in property of the same nature.
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owner
Matched in: Term owner
use
is granted to another with the trust and confidence that the grantor or another is entitled to the beneficial enjoyment of it see also trust Statute of Uses in the Important Laws section NOTE: Uses originated in … Uses was enacted in 1535. The purpose of the Statute was to execute the use, investing the legal ownership of the property in the cestui que use, or one entitled to the beneficial enjoyment, and abolishing the
Title, Covenants for
(A) In a conveyance for valuable consideration other than a mortgage by a person expressed to convey as beneficial owner:-That, notwithstanding anything done, omitted, etc., by the person conveying, or anyone through whom he derives title otherwise than … property for valuable consideration other than a mortgage, the further covenant, by a person expressed to convey as beneficial owner:-That notwithstanding anything done or omitted by that person or anyone from whom he derives title otherwise than by
Uses
its nature equitable, as such; it may be defined to have been a right in Chancery to the beneficial ownership of property, the possession of which had been confided to another. The Court of Chancery, although without … which property is to be held. The Common Law treated the actual possessor for all purposes as the owner of the property. It was not difficult to find him out, since the possession of his estate was
Attendant term
person's trustee. This beneficial interest was subordinate to and merely attendant upon the higher estate possessed by the owner of the inheritance, and yet completely consolidated with it, following the inheritance in all the various modifications and … personal representatives; but the person entitled to the inheritance then became, according to equitable principle, entitled to the beneficial interest in such term, and the term or was held to be such person's trustee. This beneficial interest
Owner
Matched in: Term Owner
Owner (Estate Owner)
Matched in: Term Owner (Estate Owner)
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