Express Trust - Law Dictionary Search Results
Cy-pres
exhausting the purposes specified by the settlor the court would not when there is a general charitable intention expressed by the settlor, allow the trust to fail but would execute it 'cy press', that is to say,
Charitable trust
Matched in: Term Charitable trust
Joint-tenancy
(English) Land Legislation of 1925 became law much more accommodating than a tenancy in common, unless cross-remainders are expressed or implied. The law itself now adopts it in cases of trustees for sale upon the statutory trusts … title to the whole estate without the concurrence of other parties. that legal estate has been vested in trustees for sale as joint-tenants in the following cases, in joint-tenancy, estates in common or undivided shares, and coparceners;
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Covenant
the deed could take advantage of it, Co. Litt, 26 a, 231. Covenants running with the land are express or implied covenants which touch and concernthe land and do not create an active personal obligation in connection … a covenant, for any words or form of expression which import an agreement will suffice [Re De Ros' Trust, (1885) 31 Ch D 88]. A covenant to do a thing which upon the face of it appears
Instrument
include an award, Purshottam H. Jdye v. V.B. Pottdar, AIR 1966 SC 856: (1966) 2 SCR 353. The expression 'instrument' certainly covers a Trust Deed. Som Prakash Rekhi v. Union of India, AIR 1981 SC 212 (233):
Person having interest
Regunath Das v. Commissioner of Hindu Religious Endowment, (1986) 61 Cut LT 189 (Ori). The definition of the expression 'person having interest' in s. 2(10), (as amended in 1953) which is an inclusive one, and includes the … (as amended in 1953) which is an inclusive one, and includes the suit brought by two or more trustees in the name of the idol, to recover possession of its property against a person holding it adversely
Registration of title of land
estate. A purchaser for value of registered land with any title but possessory is not affected by trusts, express, implied, or constructive (s. 74). A possessory title is affected by trusts arising prior to the first registration, … leasehold estate. A purchaser for value of registered land with any title but possessory is not affected by trusts, express, implied, or constructive (s. 74). A possessory title is affected by trusts arising prior to the first
Appointment in exercise of a Power
trust for the appointees accordingly. A deed of appointment should recite or refer to the power, and be expressed to be in exercise of it, as manifesting the intention of the appointor, or person executing the power,
Back-bond
Back-bond, a deed, which, in conjunction with an absolute disposition, constitutes a trust. It expresses the nature of the right actually held by a person to whom to disposition is made. It is
Cesser, Proviso for
it is usual to introduce a proviso that they shall cease when the trusts end. This proviso generally expresses three events:-(1) the trusts never arising; (2) their becoming unnecessary or incapable of taking effect; (3) the performance … years are raised by settlement, it is usual to introduce a proviso that they shall cease when the trusts end. This proviso generally expresses three events:-(1) the trusts never arising; (2) their becoming unnecessary or incapable of
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