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Concurrent Condition - Law Dictionary Search Results

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concurrent condition

Matched in: Term concurrent condition

condition

Matched in: Term condition

Conditions of sale

the (English) L.P. Act, 1925:-(a) that the purchaser of a legal estate shall accept a title with the concurrence of any person entitled to an equitable estate if a title can be made free from the equity … Conditions of sale. The terms set forth in writing upon which an estate of interest is to be sold

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Estate

Estate [fr. status, Lat.; etat, Fr.], the condition and circumstance in which an owner stands with regard to his property. The word is used in several … or an equitable estate, land being 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,

Accident

a mishap, an extraordinary incident; something not expected. It is also a head of equitable jurisdiction, which was concurrent with that of the Courts of Law. Means an unlook for mishap or an untoward event which is … on the part of the person seeking relief. The cases in which equity may give relief under certain conditions are (1) lost or destroyed documents. (2) Imperfect execution of powers. (3) Erroneous payments, e.g., by personal representatives.

Delectus person'

executors and other personal representatives of a partner do not, in that capacity, succeed to the state and condition of that partner. The Roman Law is directed to the same purpose. It even pressed the rule of … so, when it is once formed, no third person can be afterwards introduced into the firm without the concurrence of all the partners who compose the original firm. It is not sufficient to constitute the new relation

Law of Property Act, 1925 (English)

of an owner or joint owners of full age who can deal with the whole estate without the concurrence of holders of equitable interests in favour of a purchaser for value by means of an expedient which … and interests inland are reduced to equitable interests. All mortgages of the same legal estate under the statutory conditions are legal estates. None being for the whole fee simple or the term, but each for a term

Title

stipulation by the vendor that the purchaser of a legal estate shall accept a title made with the concurrence of an equitable beneficiary if title can be made free from equities under a trust for sale or … I. p. 235), and free from all incumbrances not specially provided for in the contract; see ABSTRACT and CONDITIONS OF SALE, and consult Dart or Williams on Vendors and Purchasers. See REAL REPRESENTATIVE and REGISTRATION. The title

power

I, Section 8 of the U.S. Constitution to regulate commerce esp. among the states see also commerce clause concurrent power : a power that is held simultaneously by more than one entity ;specif : a power delegated … a grantor or the grantor's successors in interest to enter upon an estate that was granted upon a condition after the breach of the condition in order to terminate the granted estate and revest it in the

Settled land

Ch 11]; unless a settlement made before 1926 provides to the contrary, or a post-1925 settlement imposes the condition that it is not to be sold without such consent or order (s. 65, S.L. Act, 1925); and … 45; and 37 & 38 Vict. c. 33), gave large powers to the Court of Chancery, with the concurrence of the parties interested, to direct sales and leases of settled estates, and also enabled tenants for life,

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