Grantor - Law Dictionary Search Results
Fixed fee
and the Excise (Amendment) Rules, connotes the idea of payment of a sum by a person to the grantor of a licence as consideration for conferring upon such person by the grant of shop-licence, the exclusive privilege
Easement
may be, would be useless, but except for easements strictly of necessity there is no implication that the grantor has reserved any easement, however useful to his property it may be. Such easements must be expressly provided
Licence and lease
A licence confers a right to do or continue to do something in or upon immovable property of grantor which but for the grant of the right may be unlawful, but it creates no estate or interest
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Contingent remainder
351, the Court held that, in every case where an estate is given to A. for life, the grantor has an interest remaining in him to enter upon the estate, if it should determine by any act
Annuity
annuity is a money payment of a fixed sum annually made and is a charge personally on the grantor, CWT v. Arundhati Balkrishna, (1970) 1 SCC 561 (565): AIR 1971 SC 915. [Wealth Tax Act, 1957, s.
use
a : an arrangement in which property is granted to another with the trust and confidence that the grantor or another is entitled to the beneficial enjoyment of it see also trust Statute of Uses in the
Bill of sale
to state in the attestation that the effect of the bill of sale has been explained to the grantor, and the Act applies to trade machinery. The evasion of the law, Ramsden v. Lupton, (1873) LR 9
trust
a charitable trust does not require definite beneficiaries and may exist in perpetuity. Clif·ford trust [kli-fərd-] : a grantor trust lasting at least ten years with income payable to a beneficiary and principal reverting to the settlor
title
of facts and events after-acquired title : title that vests automatically in a grantee when acquired by a grantor who purported to sell the property before acquiring title ;also : a doctrine that requires such vesting compare
possibility of reverter
possibility of reverter :a future interest in property that is retained by the grantor of a conditional fee or determinable fee and by which property reverts to the grantor upon the occurrence
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