Reasonably Equivalent Value - Law Dictionary Search Results
reasonably equivalent value
Matched in: Term reasonably equivalent value
Valuation
of the arbitrator shall be taken into consideration: (4) Where the value of the land is increased by reason of the use thereof or of any premises thereon in a manner which could be restrained by any … process of valuing, Jensen v. Jensen, 458 NW 2d 391 (1990). This term is generally applied to the equivalent in money of any kind of property. Thus for the payment of estate duty, a valuation of property
consideration
fair consideration : a consideration that is reasonable and given in good faith ;specif : something with a reasonably equivalent value that under the laws of fraudulent conveyances is given in good faith in exchange for the transfer of
Keep your definitions linked to case research
Consideration
loss or injury sustained by the promisee. It is not necessary that the consideration and promise should be equivalent in actual value, for it would be impossible precisely to determine whether, in a given case, the consideration … or undue advantage on the one side, or mental incompetency on the other, and, inequity, inadequacy maybe a reason for refusing specific performance, Pegler v. White, 33 Beav 403. (b) Forbearance for a time to institute a
Registration of title of land
(see s. 8, (English) Land Registration Act, 1925). But the latter exception has little practical importance, for the reasons that charges, which for all practical purposes are equivalent to a mortgage, may be registered under s. 25 … inscription and transcription in a register. The advantages which are claimed for the system are (a) purchasers for value of an absolute or good leasehold title are absolved from any inquiry into the title other than it
Service
writ to the defendant, and producing the original if required by him; and actual knowledge will not be equivalent to or dispense with a necessity for personal service [Re Tuck, (1906) 1 Ch 692]. As to service … the State Government, from time to time, in the Official Gazette. [Maharashtra Value Added Tax Act, 2002, s. (27)] Means permanent service or temporary service … Service [fr. servitium, Lat.], that duty which a tenant, by reason of his estate, owes to his lord. There are many divisions of this duty in our ancient law
Tenure
called a knight's fee. Its extent was twelve plough lands, that is, as much land as could be reasonably ploghed in one year by twelve ploughs, or, accord-ing to other authorities, 800 acres of land, and others … to the nature of a mere military feud, such as those that were sold and bartered for any equivalent, or granted free from all circumstances, or in consideration of any certain services. Knight service proper, or tenure … other authorities, 800 acres of land, and others say 680, and its value in those times was 28l. per annum. This tenure was granted by
Agricultural Holdings Act, 1923
of household goods, implements, fixtures, farm produce and stock. To avoid disputes this sum is taken to be equivalent to one year's rent unless proved to exceed this sum, but is limited to the equivalent to two … for the improvement, the compensation being such sum as fairly represents the value of the improvement to an incoming tenant, allowance being made for any … execute.--The tenant must give notice with particulars before beginning to execute the repairs and give the landlord a reasonable time to carry them out himself. In the case of (3) and (4), an agreement entered into before
- ‹ Prev
- Next ›
Try the research workspace - 7 days free