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express trust

Matched in: Term express trust

Trust property

Matched in: Term Trust property

Trust

Matched in: Term Trust

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Consideration

benefit or advantage, or any labour detriment or inconvenience sustained or suffered by the promisee at the request, express or implied, of the promisor. See Laythoarp v. Bryant, 3 Scott 250; 2 Wms. Saund 137 h; Currie … v. Atkinson, (1861) 1 B&S 393; Re Empress Engineering Co., (1880) 16 Ch D 125; but if a trust be created for the third party, there is a departure from the rule and the third party can

Uses

Uses (History). A use is the intention or purpose, express or implied, upon which property is to be held. The Common Law treated the actual possessor for all … debts by the heir or executor. There appears to have been a distinction between a use and a trust, even before the Statute of Uses. A special trust appears to have arisen where the feoffee to uses

Limitation of actions and prosecutions

Judicature Act, 1925, that no claim of cestui que trust against trustee for any property held on any express trust, or in respect of any breach of such trust, should be held to be barred by any statute

trust

Matched in: Term trust

Bailment

Bailment [fr. bailler, Fr., to deliver], a compendious expression to signify a contract resulting from delivery; perhaps best defined as a 'delivery of a thing in trust

Declaration of trust

Matched in: Term Declaration of trust

Tail

may be created by way of trust in any property real or personal, but only by the like expressions as those by which before 1926 a similar estate-tail could have been created by deed not being an

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