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Creat - Law Dictionary Search Results
Corporation or body politic
of many members, or sole, consisting of one person only, as a parson. It is also either spiritual, created to perpetuate the rights of the Church, or lay'sub-divided into civil, created for many temporal purposes, and eleemosynary,
Lease
of terms of years absolute and leases for life which have been converted into merely equitable interests if created under a settlement, but by s. 149 of the Act leases for life at a rent or in
Notice
VIII. (for transfers and mortgages, effected after 1925, see infra); (2) trusts, settlements and equities of every kind created or arising before 1926, unless shielded by the 'curtain' [see (English) LAW OF PROPERTY ACT, 1925], or acquired
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Estate
in land (see definition, s. 205 (ix.), ibid.) which are capable of subsisting or of being conveyed or created at law are: (a) an estate in fee simple absolute in possession; (b) a term of years absolute
Uses
was treated at Common Law as the absolute tenant of the fee. (8) A use, being but the creature of equity, could not have been taken in execution for the debts of the cestui que use; for
Remainder
Remainder [fr. remanentia, Lat.], that expectant portion, remnant, or residue of interest which, on the creation of a particular estate, is at the same time limited over to another, who is to enjoy it
Perpetuity
Perpetuity, concerns rights of property only, and does not affect the making of contracts, which do not create rights of property, Ram Baran Prasad v. Ram Mohit Hazara, AIR 1967 SC 744: (1967) 1 SCR 293.
Licence and lease
upon immovable property of grantor which but for the grant of the right may be unlawful, but it creates no estate or interest in the immovable property of the grantor. A lease on the other hand creates
Contingent remainder
1925, s. 1. S. 4, whoever, provides that they can take effect as equitable interests, and any instrument creating a contingent remainder has become a settlement under s. 1 (ii) of the (English) S.L. Act, 1925. See
unity
required to be present for a joint tenancy. Conveying the interests of the cotenants at the same time creates the unity of time. Conveying the interests of the cotenants in the same instrument creates the unity of
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