Implied Trust - Law Dictionary Search Results
Equitable estates and interests
estate or ownership in the transferee, by mortgage or charge, and whenever a trust arises, either express, constructive, implied or by operation of law. In theory the legal owner alone was entitled, both in law and equity,
Appointment of new trustees
or, deeds of appointment executed after 1925, no express vesting declaration appears, by implication. The declaration express or implied will not transfer lands constituting a security for trust moneys, except lands securing debentures or debenture stock; it
Demurrage
been defined under the Port Trusts Act. In the context of the goods remaining in the wharfage, it implies the charges which the Port Trust can levy at a particular rate if the goods remain on the
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Joint-tenancy
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 for sale … 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;
Registration of title of land
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, of … 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
Term in gross
to a trustee for himself, and while outstanding and not merged it was kept in existence upon an implied trust for the parties entitled according to their estates and interests, Halsb. L.E., title 'Real Property,' etc. See ATTENDANT
Trust for sale
Matched in: Term Trust for sale
Entrustment
propriety right therein. The ownership or beneficial interest in the property in respect of which criminal breach of trust is alleged to have been committed, must be in some person other than the accused and the latter … Co. Ltd. v. Ishar Das Madan Lal, (2007) 4 SCC 105. The expression 'entrustment' carries with it the implication that the person handing over any property or on whose behalf that property is handed over to another,
Subject to shipment
goods have in fact been shipped by the sellers, Hollis Bros & Co. Ltd. v. White Sea Timber Trust, Ltd., (1936) 3 All ER 895. … Subject to shipment, necessarily implies that it must be proved that the goods have in fact been shipped by the sellers, Hollis Bros
agent
agent : an agent authorized to do one or more specific acts under particular instructions or within restrictions implied by the nature of the authorized acts : an agent acting under a special agency compare general agent … acting under a special agency compare general agent in this entry transfer agent : an officer, bank, or trust company that acts on behalf of a publicly held corporation in handling the transfer of stock and other
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