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Consideration

to be binding on him, or (b) that he intends to divest himself of a beneficial interest in property. In its widest sense consideration is the price, motive or inducement for a promise or for a transfer … commit, conceal, or compound a crime; a contract for illicit cohabitation; or a contract in fraud of the rights and interests of third parties. The illegality created by statute exists when the act is either expressly prohibited,

Transfer of property

Matched in: Term Transfer of property

use

of property that allows an owner to derive a benefit or profit in the exercise of a basic property right [the owner was entitled to just compensation when he was forced to sacrifice all beneficial use of the

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lien

creditor upon levy of an attachment car·ri·er's lien : a lien against freight conferring on the carrier the right to retain the property until the amount due is paid charging lien : a lien attaching to a … tie, band, from Old French, from Latin ligamen, from ligare to bind] : a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the parties or

Tenure

right, term, or mode of holding lands or tenements in subordination to a superior; in fendal times, real property was held predominantly as part of a tenure system, Black's Law Dictionary, 7th Edn., p. 1481. Tenure, the

tenancy

tenancy pl: -cies 1 : the holding of or a mode of holding an estate in property: a : a form of ownership of property : tenure b : the temporary possession or occupancy of … upon the death of one of them (as a spouse) and so on to the last survivor [a right to sever the joint tenancy] see also tenancy by the entirety in this entry compare tenancy in common

Escheat

Administration of Estates Act, 1925, s. 45(1). The right of the Crown to 'bona vacantia' now includes real property under (English) A.E. Act, 1925, s. 46. See BONA VACAN-TIA. The title of the Crown was ascertained by

Transfer

the same in some one else though not falling within the ordinary meaning of the phrase 'transfer of property' would be 'transfers' within the meaning of the term as used in ss. 4 and 5, Jagdish v. … 5 SCC 552. Transfer, includes sale, purchase, mortgage, pledge, gift, loan or any other form of transfer of right, title, possession or lien. [Prevention of Money-Launder-ing Act, 2002, s. 2(za)] Transfer, includes surrender. Where a tribal surrenders

Lease

Lease [either from locatio, Lat., the letting of property, or laisser, Fr., to let, or leapum, or leasum, Sax., to enter lawfully], sometimes also called demise (demissio), … premises, for before entry he had only an interesse termini by virtue of his Common Law assurance, a right which could be assigned, but not surrendered, and which did not prevent the merger of two estates by

right

Matched in: Term right

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