Settlement Option - Law Dictionary Search Results
settlement option
Matched in: Term settlement option
Settled land
exception--he could not sell the estate and himself receive the purchase money; that must be paid at his option either into Court or to the trustees of the settlement, as defined by s. 2 (8) of the … Acts, 1882-1890, 'settled land' meant land, and any estate and interest therein, which was the subject of a settlement; and 'settlement' meant any instrument, or any number of instruments, under which any land, or any estate or
Portion
and Settled Land Act, s. 16; and see also in the 1st Schedule, Form 3, which is an optional statutory form of settlement. See Key and Elphinstone, Notes to Real Settlements. Settlements of portions usually contain a … Portion, property settled or provided in favour of children or their issue. In settlements by deed or will of personal property, portions were and are usually effected by direct trusts in favour
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Options to purchase
the date of the instrument purporting to create in except in regard to terms or interests under a settlement or under equitable powers for a mortgage indemnity, etc.; and see (English) Law of Property Act, 1922, 15th … Options to purchase a legal estate (including a lease), made or acquired after 1925, must be registered in the
Perpetuity
perpetuity or not. But the Law of Property Act, 1925, s. 163, declares that: Where in a will, settlement or other instrument the absolute vesting either of capital or income of property or the ascertainment of a … the works of Lewis (1849); Marsden (1883); and Prof. Gray (Boston, U.S.A., 2nd Edn. 1906); and as to option of purchase in a lease, and the present restrictions on the creation of a lease in futuro, see
Husband and wife
will. Equity, however, from very early times, by the doctrines of 'separate use,' 'trusts,' and 'equity to a settlement,' very largely modified the Common Law in favour of the wife; and the statute law has, by s. … summary way (privately, if either party so require) by a judge of the High Court, or (at the option of the applicant irrespectively of the amount in dispute) by the judge of the county Court of the
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