Personal Interest - Law Dictionary Search Results
Executory devise
a limitation of a future estate or interest in lands or chattels (though, in the case of chattels personal, it is more properly an executory bequest) as the law admits in the case of a will, though
Limitation of actions and prosecutions
to 14 of the (English) Mercantile Law Amendment Act, 1856 (19 & 20 Vict. c. 97), as to personal actions under the statutes there referred to and other matters, etc. 'Beyond the seas' is defined in s. … c. 57, the (English) Real Property Limitation Act, 1874, certain periods are fixed within which, upon the principle Interest reipublic' ut sit finis litium, particular actions must be brought or proceedings taken. In the case of simple
Constructive trust
money, and generally, when an estate is subject to a trust or equitable interest or lien, and a person purchases it for value, with either actual or constructive notice of it, the estate will still be subject
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Entitled to act
Entitled to act, the following persons shall be deemed persons as and to the extent hereinafter provided (that is to say):- Provided that-- (i) … hereinafter provided (that is to say):- Provided that-- (i) no person shall be deemed 'entitled to act' whose interests in the subject-matter shall be shown to the satisfaction of the Collector or Court to be adverse to
Estate
good legal or equitable estate at the same time; again, estates may be in possession, or in futuro; personal property may also be subject concurrently to a variety of ownerships, according to its nature; technically, in regard … according to its nature; technically, in regard to land, the word is used to denote the quantity of interest, e.g., estate in fee simple, for life, for years, etc., in either legal or equitable estates. In practice
Person aggrieved
Person aggrieved, does not include a mere busy-body, but refers to one who has a genuine grievance on account … busy-body, but refers to one who has a genuine grievance on account of some order prejudicially affecting his interests, K.C. Pazhanimala v. State of Kerala, AIR 1969 Ker 154: (1968) ILR 2 Ker 422; P.S.R. Sadanatham v.
Possession
Soorajmal v. State of Madhya Pradesh, (1992) Cr LJ 3206. Possession, need not be actual, physical possession or personal occupation, but may be possession in law. 'Possession' means 'the state of owning or having in one's hands … property draws to it the possession (Bac. Abr. Trespass, C. 3), but this is subject to a temporary interest of another, such as a bailee, in the propertyif his possession is inconsistent with the owner's right to
Law of Property Act, 1925 (English)
or other statutory owner of the fee in trust for limited or settled estates and infants' estates; (c) personal representatives as to the estate of the deceased, whether testate or intestate;(d) mortgagees; (e) an order of Court … 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
Shelley's case, Rule in
it upon A. at once, whereupon his life estate merges in the remainder, and he takes the entire interest, i.e., the fee-simple. Again: Land is limited to A. for life, remainder to B. for life, remainder in … legal or equitable in realty (whether of freehold or copyhold tenure), is limited by any assurance to a person, and by the same assurance the inheritance of the same quality, i.e., either legal or equitable, is limited
Widow
to deaths after 1925, by the Administration of Estates Act, 1925, s. 46:- (1) The residuary (real and personal) estate of an intestate shall be distributed in the manner or be held on the trusts mentioned in … a net sum of 1000l. free of death duties and costs to the surviving husband or wife (with interest from date of death at 5 per cent. per annum until paid or appropriated and subject thereto as
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