Legal Interest - Law Dictionary Search Results

Right and legal right

Matched in: Term Right and legal right

Public interest litigation

Matched in: Term Public interest litigation

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Equitable estates and interests

Equitable estates and interests, Rights relating to property of which the legal ownership is vested in another person, or in the equitable owner himself in another capacity. The rights arise … Equitable estates and interests, Rights relating to property of which the legal ownership is vested in another person, or in the equitable

Power

Common Law authori-ties; (2) declarations, or directions, operating only on the conscience of the persons in whom the legal interest is vested; or (3) declarations or directions deriving their effect from the Statute of Uses. A power given … also a Common Law authority. A power to dispose of an estate or sum of money where the legal interest is vested in another may be a power of the second sort. The legal interest is not divested

interest

Matched in: Term interest

Law of Property Act, 1925 (English)

the object of simplifying the transfer and conveyance of land. An important change was the abolition of all legal estates or tenures in land, except an estate in fee simple in possession, and a term of years … land may be held in fee simple, leased and mortgaged at the same time. all other estate and interests inland are reduced to equitable interests. All mortgages of the same legal estate under the statutory conditions are

Uses

jurisdiction over the property, found a way to make an appeal to the conscience of the apparent or legal owner, backed by its irresistible sanctions. The person enjoying the beneficial right was called the cestui que use, … this statute was the total destruction of the use, by effecting an amalgamation of the legal and equitable interests; but this object, if it existed, has failed owing to the equitable jurisdiction of the Courts of Chancery

Settled land

representative selling in course of administration or to persons of full age absolutely entitled to deal with the legal estate free from the settlement. The direction of investment lies with the tenant for life and the investments … For the purposes of the (English) Settled Land Acts, 1882-1890, 'settled land' meant land, and any estate and interest therein, which was the subject of a settlement; and 'settlement' meant any instrument, or any number of instruments,

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