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Law of Property Act, 1925 (English)
been converted into equitable interests from the 1st January, 1926, are: (1) Tenancies in common or in undivided shares inland (see UNDIVIDED SHARES). (2) Limited estates, less than the fee or entire term, e.g., entailed estates, estates
Leeman's Acts
Banking Companies (Shares) Act, 1867 (30 & 31 Vict. c. 29), by which contracts for sale of bank shares are void unless the numbers of the shares sold are set forth in the contract; this Act is
Premium
paid to the assignor by the assignee of a lease, or to the transferor by the transferee of shares or stock, etc. Also the name given to the annual or other payment for renewal of a policy
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Dividend
A sum of money to be divided and distributed the share of a sum divided that falls to each individual a distribute sum share or percentage applied to the
Blank transfer
of the transferor is entered, and the transfer deed signed by the transferor is handed over with the share scrip to the transferee, who, if he so chooses, completes the transfer by entering his name and then
Dower
possession, in which case a settlement arises, a dowress, otherwise than by metes and bounds, apparently retains a share in the land (if the dower has arisen before 1926) analogous to an undivided share, see Williams v.
Joint venture
profit or an association of persons or companies jointly undertaking some commercial enterprise wherein all contribute assets and share risks. It requires a community of interest in the performance of the subject-matter, a right to direct and
Land
hereditaments, and an easement, right, privilege, or benefit in, over, or derived from land; but not an undivided share in land. a conveyance of land does not pass tithe rent-charge by implication, Public Trustee v. Duke of
Mortgage
mortgagees powers of sale, insurance, and to appoint a receiver. S. 102 enables a mortgagee of an undivided share inland to exercise such powers of sale, etc., as a mortgagee of a share in the land possessed
National insurance
business. (g) Employment on a British owned or registered ship when the person employed is remunerated by a share in the profits or gross earnings of the vessel. (h) Service in H.M. Forces. The Acts contain special
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