Persons Interested - Law Dictionary Search Results
taxable termination
trustee when an interest in the property terminates (as at the death of the parent of a skip person), no interest is held by one who is not a skip person, and a distribution to a skip … property held in trust that is subject to a generation-skipping transfer tax payable by the trustee when an interest in the property terminates (as at the death of the parent of a skip person), no interest is
Notice to quit
of a tenancy from year to year, so long as both parties please, if the tenant dies his personal representatives have the same interest in the land which their testator or intestate had, and are, therefore, entitled … to year, so long as both parties please, if the tenant dies his personal representatives have the same interest in the land which their testator or intestate had, and are, therefore, entitled to the same notice to
Curtesy of England
by the curtesy of full age and in possession has the powers of a tenant for life. All persons capable of taking freehold estates maybe tenants by the curtesy; but aliens cannot, except under the British Nationality … an estate which by favour of the law of England arises by act of law, and is that interest which a husband has for his life in his wife's fee-simple or fee-tail estates, generalor special, aftr her
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Employer
Employer, means (i) a company; (ii) a firm; (iii) an association of persons or a body of individuals, whether incorporated or not, but excluding any fund or trust or institution eligible … of any establishment or who has, by reason of his advancing money, supplying goods or otherwise, a substantial interest in the control of the affairs of any establishment, and includes any other person to whom the affairs
ownership
the ostensible ownership. ownership in in·di·vi·sion in the civil law of Louisiana : ownership by two or more persons each having undivided shares in the property as a whole compare community property at property NOTE: Ownership in … ownership : the state, relation, or fact of being an owner ;also : the rights or interests of an owner [reduced their by one third] absolute ownership : ownership esp. by a single person that
pledge
pledge 1 : a delivery of esp. personal property as security for a debt or other obligation ;broadly : the perfection of a security interest in … esp. personal property as security for a debt or other obligation ;broadly : the perfection of a security interest in collateral through possession of the collateral by a creditor or other promisee 2 a : property and
Title, Covenants for
Title, Covenants for. In every conveyance of real or personal property expressed to be conveyed by the instrument of conveyance made on or after the 1st January, 1882, … with the addition that if default be made in payment of the money intended to be secured or interest thereon, the person to whom the conveyance is made may thenceforth enter upon and enjoy the subject-matter of
Guardian
Guardian, means a person having the care of the person of a minor or his property or of both his person and … affairs, who by reason of his imbecility and want of understanding is incapable of acting for his own interest (2 Bacon's Abridgment, 672). See GUARDIANSHIP. In relation to a child, means his natural guardian or any other
Appropriation, powers of
property as to the personal representative may seem just or reasonable having regard to the rights of the persons interested in that property subject to the consent of the person entitled to that part, or to the income
Reserve and provision
the sense or meaning that is attributed to it by men of business, trade and commerce and by persons interested in or dealing with companies. Therefore, the meanings attached to these two words in the provisions of the
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