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Equitable - Law Dictionary Search Results

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Marriage settlement

the daughters in tail, the limitations formerly legal being now equitable, and the wife or husband and younger children being respectively

Legacy

from the repealed Act of 1865, which first gave an equitable jurisdiction to County Courts. See now (English) County Courts Act,

Legal

Legal, (1) lawful; according to law; (2) opposed to equitable. Legal, is what is in conformity with is in conformity

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Limited owner

disposition. The legal estates of limited owners were reduced to equitable interests after 1925 by the (English) Law of Property Act,

Law Reform (UK)

may be found by the Court to be just and equitable having regard to the extent of that person's responsibility for

Lives

(English) L.P.Act, 1922. In all other cases it is an equitable interest and governed by the Settled Land Act,1925. The tenant

Options to purchase

regard to terms or interests under a settlement or under equitable powers for a mortgage indemnity, etc.; and see (English) Law

Merger

hand, the legal estate can never be extinguished in the equitable ownership. Merger is either absolute or qualified, for an estate

Money land

by s. 130, (English) Law of Property Act, 1925, an equitable interest may be created in personalty as well as in

Mortgage

or transferred to them. See s. 40 (4), ibid., and EQUITABLE MORTGAGE; NOTICE; LAND CHARGES. A mortgage is the transfer of

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