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contract
from com- with, together + trahere to draw] 1 : an agreement between two or more parties that creates in each party a duty to do or not do something and a right to performance of the
trust
constitute the principal of the trust, and delivery of the res to the trustee with the intent to create a trust. Not all relationships labeled as trusts have all of these characteristics, however. Trusts are often created
Settled land
deed and a trust instrument, and if effected in any other way shall not operate to transfer or create a legal estate.' See VESTING INTRUMENT and TRUST INSTRUMENT. By s. 1, ibid., a settlement now includes one
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Covenant
Covenants running with the land are express or implied covenants which touch and concernthe land and do not create an active personal obligation in connection with the land. Implied covenants relate to covenants implied in the words
Tail
prune]. An estate-tail was formerly a freehold of inheritance and is now an equitable interest which may be created after 1925 in respect of personalty as well as realty by way of trust and which (if not
Suit and appeal
this that an appeal 'only reviews and corrects the proceedings in a cause already constituted but does not create the cause'. As it is intended to interfere in the cause by its means, it is a part
Estoppel
action of ejectment is an unequivocal act, Serjeant v. Nash, (1903) 2 KB 304. A false representation to create an estoppel must be a representation of an existing fact and must be acted on before it is
Parliament
The Power of Parliament is transcendent and its Acts bind every subject; no authority other than Parliament can create, amend or abrogate a statute, Office of the Speaker in the Parliaments of Commonwealth Wilding and Philip Laundry,
Reversionary lease
effect in futuro. A second lease to commence after the expiration of a former lease. It did not create any term or estate, but only an interesse termini (see that title). By the (English) L.P. Act, 1925,
Entrustment
the person handing over the property must have confidence in the person taking the property so as to create a fiduciary, relationship between them. A mere transaction of sale cannot amount to an entrustment, State of Gujarat
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