Statutory Release - Law Dictionary Search Results
Statutory release
Statutory release, a conveyance which superseded the old compound assurance by lease
right of redemption
due to release the secured property) ;specif : a mortgagor's statutory right to redeem after a judicial foreclosure and sale
Power
an estate, to whom no estate was devised, and a statutory power to sell estates, as in the instance of the … and not in reversion. Powers appendant may be destroyed by release, bargain and sale, or feoffment; powers in gross, by feoffment
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Apportionment
to an entire rent charge. These powers have now become statutory and certain covenants are implied in a conveyance (other than … the sea, also by act of parties, e.g., upon surrender, release, grant or devise of part of demised land. The right
Joint-tenancy
adopts it in cases of trustees for sale upon the statutory trusts for sale [see (English) L.P. Act, 1925, ss. 34 … and as to equitable interests still is, a deed of release, and the fee passed in such a case without the
Proviso for redemption
receipt of the person entitled to give a receipt (see statutory form) for the moneys secured by the mortgage endorsed on … or annexed to the mortgage operates as a surrender or release of the mortgagee's term or as a reconveyance of all
Conveyance
or of property, Black's Law Dictionary, 7th Edn. Conveyance, the statutory provision extends to all forms of disposition by which creditors … including 'mortgage charge, lease, assent, vesting declaration, vesting instrument, disclaimer, release and every other assurance of property or of any interest
Infant
distribution of the residuary estate of an intestate but the statutory powers of advancement and provisions relating to maintenance and accumula-tion … only operate to his prejudice; as a surety-bond, or a release to his guardian. 2nd. Those which are only voidable: such
Tail
Settled Land Act, 1925, s. 1] With this and other statutory modifications under the (English) Law of Property Act, 1925, the … Common Law), bargain and sale, covenant to stand seised, a release (under the Statute of Uses), or grant, which is the
Undivided shares in land
first four named in the conveyance joint tenants upon the statutory trusts (q.v.) A trust for sale does not arise in … interest in any shares while preserving the incidents of a release of the legal estate by a joint tenant to the
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