Real Property - Law Dictionary Search Results
Adverse possession
of any person to whom the land rightfully belongs and tends to extinguish that person's title, see (English) Real Property Limitation Act, 1874 (37 & 38 Vict. c. 57), which provides that no person shall make an entry … tenant, Sadu v. Tahsildar, (1987) 2 An LT 749. Adverse possession, is a method of acquiring title to real property by possession for a statutory period under certain conditions, esp. a non-permissible use of the land with a
Real Estate
Matched in: Term Real Estate
deed
act [my free act and ] 2 : a written instrument by which a person transfers ownership of real property to another see also deliver, grantee, grantor, recording act, registry, title compare certificate of title NOTE: A deed … and sale deed 1 : a contract resulting from a bargain between a buyer and a seller of real property that creates a use in the buyer and therefore transfers title to the buyer by operation of law
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prescription
dictate, order; partly from Latin praescription- praescriptio order] 1 : acquisition of an interest (as an easement) in real property that is usually less than a fee by long-term, continuous, open, and hostile use and possession as determined
Heirloom
case, belong absolutely to the first person who, under the limitations of the settlement, becomes entitled to the real estate for a vested estate of inheritance; see Portman v. Viscount Portman, 1922, AC 473, and cases there … of the Crown are heirlooms. Heirlooms strictly so called are now rarely met with. See Williams on personal Property; Co. Litt. 18b, 185b; 2 Bl. Com. 428. The term 'heirlooms' is often applied in practice to the
Gift
of a fee simple estate. The operative verb was 'give,' which no longer implies any covenant in law (Real Property Act, 1845 (8 & 9 Vict. c. 106), s. 4), replaced by the Law of Property Act, 1925,
Trust
for the benefit of another (hence called the cestui que trust, or beneficiary), not, however, issuing out of real or personal property, but as a collateral incident accompanying it, annexed in privity to (i.e., commensurate with) the
title
legal title upon performance of an obligation good title : title to property (as a negotiable instrument or real property) that is valid in fact or law or beyond a reasonable doubt [a holder in due course acquires
Lease
51 to 55, reproducing and amending the Statute of Frauds, ss. 1, 2 and 3, and the (English) Real Property Act,1845 (8 & 9 Vict. c. 106), s. 3, requires that for the purposes of creating a legal
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 including all conveyances interests, lines & encumbrances that reflect title
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