Conveyance - Law Dictionary Search Results
Home Dictionary Name: conveyanceFraudulent conveyances, Statutes against
Fraudulent conveyances, Statutes against, sect. 172 of the (English) L.P. Act, 1925, now provides that every conveyance of property made either or before 1925 with intent to defraud creditors shall be voidable at the instance of any person thereby prejudiced, but the s. does not affect disentailing assurances or the law of bankruptcy, nor does it extend to conveyances in good faith either for valuable or for good consideration to any person without notice of fradulent intent. This enactment replaces 13 Eliz. c. 5 (A.D. 1570), made perpetual by 29 Eliz. c. 5. See Twyne's case, (1602) 3 Rep 80; 1 Smith's L.C. 1; Halifax Bank v. Gledhill, (1891) 1 Ch 31.The 27 Eliz. c. 4, s. 2, made perpetual by 39 Eliz. c. 18, enacts that every conveyance of lands, made with the intent to defraud and deceive any person, bodies politic or corporate, who shall purchase the same, shall be deemed (as against that person, etc.) to be utterly void. But the Act shall not be construed to defeat or make void any ...
Voluntary conveyance
Voluntary conveyance. A conveyance by way of gift or otherwise without valuable consideration. Liable to be defeated, under 27 Eliz. c. 4, by a subsequent sale for value, but no voluntary disposition whenever made shall be deemed to have been made with intent to defraud by reason only that a subsequent conveyance for valuable consideration was made if that conveyance was made after the 18th January, 1893: (English) Law of Property Act, 1925, s. 173, reproducing 27 Eliz. c. 4, as amended by the (English) Voluntary Conveyances Act, 1893. Any conveyance made with intent to defeat or delay creditors may be set aside under 13 Eliz. c. 5; see Twyne's Case, (1601) 3 Rep. 80; 1 Sm. L.C., unless the conveyance was made for valuable consideration and in good faith or upon good consideration and in good faith to any person not having at the time of the conveyance notice of the intent to defraud creditors [s. 172 (3), (English) Law of Property Act, 1925] This Act (ss. 172 and 173) repeals and repr...
Emigrant conveyance
Emigrant conveyance', means any conveyance specially chartered for conveyance of emigrants or for conveying emigrants exceeding such number as may be prescribed:Provided that the Central Government may, by notification, declare that any conveyance convey-ing emigrants to such place as may be depicted in the notification shall not be deemed to be an emigrant conveyance. [Emigration Act, 1983 (31 of 1983), s. 2(1)(e)]...
Innocent conveyances
Innocent conveyances, a covenant to stand seized; a bargain and sale; and release; so called because, since they convey the actual possession by construction of law only, they do not confer a larger estate in property than the person conveying possesses, and therefore, if a greater interest be conveyed by these deeds than a person has, they are only void, pro tanto, for the excess. But a feoffment of such larger estate was a tortious conveyance, and therefore, under such circumstances, would have been void altogether, and produced a forfeiture. But by the 4th section of the Real Property Act, 1845 (8 & 9 Vict. c. 106), a feoffment made after October 1st, 1845, shall not have any tortuous operation. It is, therefore, an innocent conveyance....
fraudulent conveyance
fraudulent conveyance : a conveyance of property made for the purpose of rendering the property unavailable for satisfaction of a debt or otherwise hindering or defeating the rights of creditors ;specif : a conveyance of property that is made in return for inadequate consideration by one who is insolvent or who is rendered insolvent, undercapitalized, or unable to pay his or her debts as a result of the conveyance or that is made with the intent of hindering, delaying, or defrauding his or her creditors called also fraudulent transfer compare preference NOTE: A fraudulent conveyance is generally voidable by a court or, in a bankruptcy case, by the trustee in bankruptcy. ...
Conveyance
Conveyance, an instrument which transfers property from one person to another, defined for the purposes of the Law of Property Act, 1925, s. 205, as including 'mortgage charge, lease, assent, vesting declaration, vesting instrument, disclaimer, release and every other assurance of property or of any interest therein by any instrument, except a will.' See CONVEYANCING ACT; DEED; LAW OF PROPERTY; TRUSTS.Includes a conveyance on sale and every instrument by which property, whether movable or immovable, is transferred inter vivos and which is not otherwise specifically provided for by Schedule I. [Indian Stamp Act, 1899 (2 of 1899), s. 2 (10)]Includes a vessel, an aircraft and a vehicle. [Customs Act, 1962 (52 of 1962), s. 2 (9)]Means a conveyance of any description whatsoever and includes any aircraft, vehicle or vessel. [Narcotic Drugs and Psychotropic Substances Act, 1985 (61 of 1985), s. 2 (viii)]Means any vehicle, vessel, aircraft or any other means of transport including any animal. ...
conveyance
conveyance 1 : an act of conveying [a of land] 2 : an instrument (as a deed) that conveys property rights (as title) [lack of delivery of a "J. D. Calamari and J. M. Perillo"] ...
Primary conveyances
Primary conveyances, original conveyances, some-times opposed to secondary conveyances, such as release, surrender, etc., and see DERIVATIVE DEED, are:-(1) Feoffments. (2) Grants. (3) Gifts. (4) Leases. (5) Exchanges. (6) Partitions. Consult 1 Steph. Com....
Secondary conveyances
Secondary conveyances, those which presuppose some other conveyance precedent, and only serve to confirm, alter, retain, restore, or transfer the interest granted by the original conveyance. They are otherwise called derivative, and are:-(a) Releases; (b) Confirmations; (g) Surrenders; (d) Assignments; and (e) Defeasances....
Motor conveyance
Motor conveyance, means any vehicle, vessel or aircraft for the conveyance of human beings, animals or goods, by land, water or air, in which petroleum is used to generate the motive power. [Petroleum Act, 1934 (10 of 1934), s. 2 (g)]...
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