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specialty

Matched in: Term specialty

Specialty

Matched in: Term Specialty

Specialty debts

Matched in: Term Specialty debts

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Extent

11), that no debt due to the Crown on Judgment, statute or recognizance, inquisition of debt, obligation, or specialty, or acceptance of office, shall affect any lands, tenements, or hereditaments as to pur-chasers or mortgagees, unless and

Hinde Palmer's Act

Act. The Administration of Estates Act, 1869 (32 & 33 Vict. c. 46), which abolished the priority of specialty (see SPECIALTY) over simple contract debts in the administration of the estates of persons dying after 1st January,

Nil debet

owes nothing), the old form of the general issue in all actions of debt not founded on a specialty. This plea was not allowed after Reg. Gen. T.T. 1853 r. 11.

Retainer of debts

(1911) 1 KB 327. Since the (English) Administration of Estates Act, 1869, the right may be exercised against specialty as well as simple contract creditors [Re Hariss, (1914) 2 Ch 395]. Consult Williams or Ingpen on Executors;

Rent

& 33 Vict. c. 46, of a higher degree than simple contract debts, and of equal degree with specialty debts; but that Act has abolished the priority, see Shirreff v. Hastings, (1877) 6 Ch D 610, and

Record, Debts of

the evidence of a Court of record, such as a judgment, recognizance, etc. Since 1st January, 1870, all specialty and simple contract debts of deceased persons stand in equal degree in the administration of the estate of

Priority

or arises under a bond, deed, or other instrument under seal, or is otherwise made or constituted a specialty debt. The priority in legal and equitable assignments of equitable choses in action are determined accord-ing to the

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