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Insurance

Insurance, see, Income-tax Act, 1961 (43 of 1961), s. 80C, Expl. 1. Insurance, the act of providing against a possible … fire and life insurances are made at the risk of companies, which include within themselves the requisites of security, wealth, and numbers, a large proportion of marine insurances is made at the risk of individuals called underwriters.

Power

Law of Property Act, 1925, s. 1 (8), all powers of appointment over, or powers to convey or charge land or any interest therein, whether created by statute or other instrument or implied by law, and whether … means an authority expressly or impliedly conferred on the court by law to do that which without that sanction it could not have done, consent cannot give jurisdiction, K.E. v. Vithu, (1899) 1 Bom LR 157. Power,

Increase of Rent and Mortgage (Restrictions) Acts (English)

Increase of Rent and Mortgage (Restrictions) Acts (English). A series of statutes, each of a temporary character, curtailing the contractual rights, in respect of certain classes of property, … to levy distress or resume possession of property by landlords and of mortgagees to foreclose or realize their security. This Act was followed by a series of complicated statutes which imposed restrictions on increasing the rent and

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Abstract of title

Abstract of title. A concise statement, usually prepared for a mortgagee or purchaser of real property, summarising the history of a piece of land

power

often used in pl. commerce power often cap C&P : the power delegated to Congress under Article I, Section 8 of the U.S. Constitution to regulate commerce esp. among the states see also commerce clause concurrent power … government to exercise reasonable control over persons and property within its jurisdiction in the interest of the general security, health, safety, morals, and welfare except where legally prohibited (as by constitutional provision) reserved powers : the political

trust

a party who holds equitable title to the property b : an entity resulting from the establishment of such a relationship see also beneficiary, cestui que trust, corpus declaration of trust at declaration, principal, settlor NOTE: Trusts … reduces competition or is thought to present a threat of reducing competition compare antitrust 3 a : a charge or duty imposed in faith or confidence or as a condition of some relationship b : something committed

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