Simple Trust - Law Dictionary Search Results
Simple trust
Matched in: Term Simple trust
simple trust
Matched in: Term simple trust
Tail
Act, 1833, entitled 'An Act for the Abolition of Fines and Recoveries, and for the Substitution of more Simple Modes of Assurance,' which received the royal assent August 28, 1833, and has not been repealed by the … interest which may be created after 1925 in respect of personalty as well as realty by way of trust and which (if not barred or disposed of by will after 1925) will devolve inequity on the person
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trust
Matched in: Term trust
Executed trust
Matched in: Term Executed trust
Conversion, equitable
will be sufficient [Re Lewis, (1885) 30 Ch D 656]. Thus, when a person entitled to the fee simple of an estate to be purchased with trust money causes some of the securities for the money to
Disentailing Deed
after 1925 is abolished. The conveyance barring the entail may be made by a simple conveyance either upon trust for or absolutely to the grantor. … 74), a tenant-in-tail can bar his estate tail by disposing of the land for an estate in fee simple or any less estate, and thus defeat the rights of persons claiming under and after him (with certain
Passive trust
Matched in: Term Passive trust
Trust
Matched in: Term Trust
Equitable estates and interests
a use (Tyrrel's case (1557) Dyer, 155 a), and the statute did not more than to impose a simple and merely verbal formality in the operative words of the transfer of a legal estate, leaving the principle … transfer or vest the legal estate or ownership in the transferee, by mortgage or charge, and whenever a trust arises, either express, constructive, implied or by operation of law. In theory the legal owner alone was entitled,
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