Personal Interest - Law Dictionary Search Results
Uses
new trustees jointly, thereby making two conveyances necess-ary. Indeed, in the case of terms for years, and other personal property, two assignments ere required for this purpose, until 22 & 23 Vict. c. 35, s. 21; and … 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
power
I of the U.S. Constitution police power : the power of a 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
Registration of title of land
58). Strictly speaking, cautions and restrictions are not incumbrances on the land, but they serve to give the persons entitled time to assert their rights, if any. (2) By entry or notice of the incumbrance (s. 79 … not guaranteed unless separately registered. All registered land, irrespectively of the nature of title, remains subject to 'over-riding interests.' See below, notwithstand-ing registration. All estates and interests in land which come under the description of 'legal estates'
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Insurance
to say, the issue of, or the undertaking of liability under, policies of insurance upon the happening of personal accidents, whether fatal or not, disease, or sickness, or any class of personal accidents, disease, or sickness; (c) … cut out of a diary, etc., see General Accident, etc., Assce. Corpn. v. Robertson, 1909 AC 404. Insurable Interest must be possessed by the person taking out a policy; he must be so circumstanced as to have
Parties
Naidu Charities, AIR 1990 SC 444 (447): 1989 Supp (2) SCC 356. (Code of Civil Procedure, s. 92) Persons jointly concerned in any deed or act; litigants. The Rules of the Supreme Court, 1883, Ord. XVI., make … suit and as such binds not only the parties named in the suit-title but all those who are interested in the trust, R. Venugopala Naidu v. Venkatarayulu Naidu Charities, AIR 1990 SC 444 (447): 1989 Supp (2)
Perpetuity
SCR 293. Is a future limitation, whether executory or by way of remainders, and of either real or personal property which is not to vest until after the expiration of, or will not necessarily vest within the … not necessarily vest within the period fixed and prescribed by law for the creation of future estates and interests, Walsh v. Secretary of State for India, (1863) 10 HLC 367. Perpetuity, unlimited duration; exemption from intermission or
Priority
97]. If the mortgage is by trustees for sale, or a tenant for life as estate owner, or personal representatives or other persons referred to in the (English) Law of Property Act, 1925, s. 2, and is … date of receipt of notice by the persons who are for the time being owners of the legal interest in the property assigned. Before 1926 the notice might be verbal; after 1926 it must, for the purposes
Personally interested
Procedure Code, has essentially to be decided on the facts of each case. There is no question that 'personal interest' within the meaning of the section is not limited to private interest, and that it may well include
Transfer of property
Transfer of property, includes a transfer of any interest in property and the creation of any charge upon property. [Provincial Insolvency Act, 1920 (5 of 1920), s. … s. 2 (1) (f)] Section 5 defined 'transfer of property' as meaning 'an Act by which a living person conveys property, in present or in future to one or more other living persons, or to himself, or
property
states, marital property is divided according to what the court determines is equitable. movable property : property (as personal property or crops) that can be moved personal property 1 : property (as a vehicle) that is movable … pl: -ties [Anglo-French propreté proprieté, from Latin proprietat- proprietas, from proprius own, particular] 1 : something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest, possession abandoned property : property
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