Derivative Deed - Law Dictionary Search Results
Covenant
Covenant [fr. Covenant, Fr.], any agreement, convention, or promise of two or more parties, by deed in writing, signed, sealed, and delivered, by which either of the parties pledges himself to the other that … covenantee of a covenant running with the land now ensures to his successors in title and the persons deriving title undr him or them, s. 78, (English) L.P. Act, 1925. The burden relating to the land of
Consideration
contract, that is to say, a promise by word of mouth or in writing which is not a deed, requires valuable consideration to support it, but if the promise is by deed, even the expressed absence of … the benefit of an obligation) from which the promisor (the person burdened with the obligation) or a stranger derives a benefit or advantage, or any labour detriment or inconvenience sustained or suffered by the promisee at the
Property
1963 SC 540. Property, is nothing more than the basis of a certain expectation, namely, the expectation of deriving thereafter certain advantage from a thing (which we are already said to possess) by reason of the relation … property of assets or every description, whether corporeal or incorporeal, movable or immovable, tangible or intangible and includes deeds and instruments evidencing title to, or interest in, such property or assets, wherever located. [The Prevention of Money-Laundering
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title
to sell the property before acquiring title ;also : a doctrine that requires such vesting compare estoppel by deed at estoppel NOTE: The doctrine of after-acquired title generally does not apply when the grantor receives title by … (as a sale or donation) sufficient to transfer ownership or a real right ;also : the title that derives from such an act [have a just title] NOTE: For the purposes of acquisitive prescription, the requirement of
Fee-simple
as the highest in dignity and the most ample in extent; since every other kind of estate is derivable there out, and mergeable therein, for omne majus continet in se minus. It may be enjoyed not only … inheritance in all feoffments and grants.' Prior to the (English) Conveyancing Act, 1881, the phrase universally adopted in deeds, in order to transfer a fee-simple absolute, was 'to A., his heirs and assigns for ever.' The word
Remainder
(Amendment) Act, 1924, 10th Sch. (2) The particular estate and the remainders must be created by the same deed or instrument, but a will and codicil may be fairly denominated the same instrument, for they take effect … limited by way of use (which is, in practice, the usual method), as well as by a conveyance deriving its effect from the Common Law. In the same land there may at the same time be an
Extinguishment
It appears that an estate by statute, recognizance, or elegit may be extinguished by any act (as a deed of defeazance or of release), which extinguished the debt, Burt. Comp. 373. Sect. 185, (English) L.P. Act, 1925, … or the supersedure of one interest by another and greater interest in that out of which it is derived. It is of various natures as applied to various rights. The cessation or cancellation of some right on
Settled land
legal estate in land inter vivos shall, save as in this Act otherwise provided, be effected by two deeds, namely, a vesting deed and a trust instrument, and if effected in any other way shall not operate … or permanently to convert the whole or part of the settled land into money and receive the income derived from its investment instead of the rents of the estate. The Acts regarded the tenant for life as
Deposit
recompense, and to be returned when the bailor shall require it. The appellation and the definition are both derived from the civil law. Depositum est quod custodiendum alicui datum est. It is, in the civil law, divisible
Court-leet
Ja. 1, c. 5 (Ruff), he cannot appoint a deputy, unless he be so empowered in his patentor deed of appointment, or there exist an established custom for it. All fines are recoverable by action of debt … euphoni' gratia), i.e., convenire, to assemble together, unde conventus, 4 Inst. 261. For other opinions as to the derivation of the word, see Lex Man. 131; Ritson on Courts-leet; and Scriv. On Copyholds.] This court is expressly
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