Reversionary Interest - Law Dictionary Search Results
Home Dictionary Name: reversionary interest Page: 2Restraint on alienation
Restraint on alienation. Although conditions in restraint of alienation of an absolute interest in possession in either real or personal property are generally void on the ground of repugnancy [see Re Dugdale, (1888) 38 Ch D 176, and RE-PUGNANT], gifts of a life estate or of income or apparently of a reversionary interest, Churchill v. Marks, (1844) 1 Coll 441, until alienation or charging, are permissible, if there is a gift over and the gift is properly expressed [see Re Mabbett, (1891) 1 Ch 707, and Trustee Act, 1925, s. 33]. A settlement upon himself by a settlor determining his estate upon bankruptcy is void. As to alienation of advowson, see Benefices Act, 1898 (61 & 62 Vict. c. 48), and ADVOWSONS. As to church property, see Halsb. Laws of England, tit. 'Ecclesiastical Law,' and as to married woman, see ANTICIPATION.A restriction, usu. in a deed of conveyance, on a grantee's ability to sell or transfer real property; a provision that conveys an interest and that, even after inter...
Commissioners, Perpetual
Commissioners, Perpetual, for taking acknowledge-ments of married women under the (English) Fines and Recoveries Act, 1833 (3 & 4 Wm. 4, c. 74), and the (English) Married Women's Reversionary Interests Act, 1857 (20 & 21 Vict. c. 5), Chitty's Statutes, tit. 'Fines and Recoveries.' See s. 81 of the (English) Judicature Act, 1881, proper persons were appointed such Commissioners by the Lord Chief Justice of England from time to time. The (English) Law of Property Act, 1925, s. 167, has abolished the statutory requirements for acknowledgments by married women as respects settlements executed after 1925....
Estrepe
Estrepe, to make spoils in lands to the damage of another, as of a reversioner, etc.1. To strip; to despoil to comment waste upon an estate as by cutting down trees or removing building, 2. To injure value of a reversionary interest by stripping or spoiling estate, Black's Law Dictionary, 7th Edn., p. 572....
Sthanam
Sthanam, some of the aristocratic Hindu families in the west coast had attached to their families an office called Sthanam meaning literally 'status, rank, or dignity'. The holder of Sthanam was called a Sthanee or Sthanamdar. The rule granted Sthanams to their Chieftains and important public officers which were usually accompanied by a grant of land for the maintenance of the dignity of the officer. One important feature was that Sthanamdar ceased to have any interest in the property of his tarwad and the members of his tarwad had in their turn only reversionary rights to the Sthanam properties. The Sthanamdar had a limited estate, M.K. Balakrishna Menon v. Assistant Controller of Estate Duty-cum-Income Tax Officer, AIR 1971 SC 2392: (1972) 1 SCR 961: (1971) 2 SCC 909. [Hidnu Succession Act, 1956, s. 7(3)]...
Tithe Rent-Charge
Tithe Rent-Charge. A charge on land, substituted by commutation for that charge on the produce of the land for the benefit of the Church, which was called tithe from being the tenth part of the increase yearly arising and renewing from the profits of lands, the stock upon lands, and the personal industry of the inhabitants; the first species being usually called pr'dial, the second mixed, the third personal.This commutation was effected by a procedure set on foot by the (English) Tithe Act, 1836 (6 & 7 Wm. 4, c. 71), amended by subsequent Acts. See Chitty's Stat., tit. 'Tithe Rent-Charge.' The amount to be paid was annually adjusted, according to the price of corn.The commutation was effected in one of two ways-either by a voluntary parochial agreement, con-firmed by the commissioners, or by the compulsory award of the commissioners. The value, either voluntarily agreed upon or awarded by the commissioners, was considered as the amount of the total rent-charge to be paid in respect of ...
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