Equitable Interest - Law Dictionary Search Results
property of the estate
property of the estate All legal or equitable interests of the debtor in property as of the commencement of the case. Source: Administrative Office of the … property of the estate All legal or equitable interests of the debtor in property as of the commencement of the case. Source: Administrative Office of the U.S.
Autre vie, Estate pur
The lowest estate of freehold which the law allowed before 1926. After 1925 the estate has become an equitable interest, (English) Law of Property Act, 1925, s. 1. If limited to the grantee and his heirs, it passed
Conditional limitation
Note 1 to Co. Litt. 203 b. These imitations can, with some exceptions, only take effect now as equitable interests, see L.P. Act, 1925, s. 1. … 1 to Co. Litt. 203 b. These imitations can, with some exceptions, only take effect now as equitable interests, see L.P. Act, 1925, s. 1.
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Determinable fee
not capable of taking effect as legal estates under Part I of that Act, have been converted into equitable interests. Certain estates in fee simple which by statute are liable to be divested, and fee simple vested … capable of taking effect as legal estates under Part I of that Act, have been converted into equitable interests. Certain estates in fee simple which by statute are liable to be divested, and fee simple vested incorporations
Special occupancy
26), ss. 3, 6; but in case of death of the tenant pur autre vie, after 1925, the equitable interest apparently devolves on the special personal representatives of the deceased, and if he dies intestate, upon trust for
Shifting use
and his heirs. The legal estates thereby created have been converted as from the 1st January, 1925, into equitable interests (see Law of Property Act, 1925, ss. 1 and 39 and the 1st Sch., Part I.). The … his heirs. The legal estates thereby created have been converted as from the 1st January, 1925, into equitable interests (see Law of Property Act, 1925, ss. 1 and 39 and the 1st Sch., Part I.). The instrument
Resulting trust
disposition of the legal estate and there is nothing to show that he meant to deal with the equitable interest, but by s. 60 of the Law of Property Act, provides that in a voluntary conveyance executed after
Puisne mortgage
a legal estate, but as against a purchaser in good faith without notice, the mortgages are to remaina equitable interest. Registration as a land charge is not compulsory but advisable, as it amounts to notice. See NOTICE; LAND
Limited owner
person not having a fee-simple in his absolute disposition. The legal estates of limited owners were reduced to equitable interests after 1925 by the (English) Law of Property Act, 1925, ss. 1 and 4. See SETTLED LAND. … not having a fee-simple in his absolute disposition. The legal estates of limited owners were reduced to equitable interests after 1925 by the (English) Law of Property Act, 1925, ss. 1 and 4. See SETTLED LAND. Limited
Joint-heir
Joint-heir, a co-heir. See (English) Law of Property Act, 1932, as to equitable interests of joint heirs in tail. … Joint-heir, a co-heir. See (English) Law of Property Act, 1932, as to equitable interests of joint heirs in tail.
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