Equitable Asset - Law Dictionary Search Results
Hypothecation
747 Both ownership of the movable property and possession thereof, remain with the debtor. The creditor has an equitable charge over the property and is given a right to take possession and sell the hypothecated movables to … floating charge and crystallization of such charge into fixed charge on movable property. [Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), s. 2 (1) (n)] The pleading of something
Money land
would have been actually subject to and now, by s. 130, (English) Law of Property Act, 1925, an equitable interest may be created in personalty as well as in real property. (Sale of Property Act, 1930) … or directed to be laid out in land, so fully became land as, 1stly, not to be personal assets; 2ndly, to be subject to the curtesy of the husband, and (under the Dower Act) the dower of
property
upon divorce. In nearly all other states, marital property is divided according to what the court determines is equitable. movable property : property (as personal property or crops) that can be moved personal property 1 : property … own, particular] 1 : something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest, possession abandoned property : property to which the owner has relinquished all rights NOTE: When property
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Mortgage
trustees, the land mortgaged must be expressly conveyed or transferred to them. See s. 40 (4), ibid., and EQUITABLE MORTGAGE; NOTICE; LAND CHARGES. A mortgage is the transfer of an interest in specific immovable property for the … provided that the heir or devisee of real estate should not claim payment of mortgages out of personal assets; and the (English) Real Estate Charges Act, 1867 (30 & 31 Vict. c. 69), provides that in construing
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