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Statutory Owner - Law Dictionary Search Results

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Statutory owner

Matched in: Term Statutory owner

Settled land

subject of the settlement, or if the legal estate is already vested in the tenant for life or statutory owner, must declare that the land is vested in him for that estate. The expression 'Tenant for life' [defined … restraint upon anticipation. A vesting instrument must be executed in favour of each successive tenant for life or statutory owner upon his becoming entitled, and if the legal estate is held by statutory owners, they must also at

Law of Property Act, 1925 (English)

say, in outline: (a) trustees for sale as to undivided shares; (b) the tenant for life or other statutory owner of the fee in trust for limited or settled estates and infants' estates; (c) personal representatives as to

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Vesting

1925, to mean the instrument whereby a personal representative after the death of a tenant for life or statutory owner or the survivor of two or more tenants for life or statutory owners vests settled land in a … tenants for life or statutory owners vests settled land in a person entitled as tenant for life or statutory owner. For the contents, see s. 8 and 1st Sch. (ibid.) and VESTING DEED and VESTING INSTRUMENT. The term

Limitation of actions and prosecutions

there is a discontinuance, i.e., interim during which no one enters or is paid the rent, the rightful owner regains his cause of action until a statutory limitation is completed against him from the date of the … Geo. 4, c. 14, s. 3). In regard to land, the right to it is destroyed after the statutory period and neither re-entry nor acknowledgment after the lapse of the statutory period will revive it. No verbal

Equitable estates and interests

persons deriving title under him, exept purchasers for value without notice. This is still the law subject to statutory modifications which enable certain persons to convey land free from equities in certain cases. See ESTATE OWNER, LEGAL

Trust

a trust cannot be engrafted upon a will unless by a testamentary or codicillary paper executed with the statutory formalities, but if a devise or bequest of the legal estate be accompanied with any mala fides in … must be seen, Shabbir Husain v. Ashiq Husain, AIR 1929 Oudh 225. Trust, is an obligation annexed to ownership. A trustee holds property 'subject' to an obligation, which the testator has imposed upon him, Mahadeo Ramchandra v.

Estate owner

Matched in: Term Estate owner

Priority

in the Middlesex Registry until 1936. Priorities in respect of equitable charges by a tenant for life or statutory owner for death duties and other estate liabilities discharged by him, and subject to these equitable charges which are

Trade marks

of the Act of 1905 as amended by the 1909 Act [2nd Sch.)] is, that, subject to the statutory provisions, the registered trademark in itself becomes the ex-clusive and assignable property of the owner in connection with

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