Transference - Law Dictionary Search Results
Trespasser
Trespasser, referred. [Transfer of Property Act, 1882 (15 of 1882), s. 45] One who commits a trespass. In general a person owes no duty to a trespasser, the rule being that a man trespasses at his...
Credit
Credit, a transfer of goods in confidence of future payment; that side of an account or any item set down in
Salary or wages
or of the ownership in immovable property for a money consideration. But, in exchange, there is a reciprocal transfer of interest in immovable property. A corresponding transfer of interest in movable property being denoted by the word
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Gift
is obsolete. See Jac. Law Dict. A gift is now understood to mean a mere voluntary assurance or transfer of property without any consideration being given for it. Such a transaction is apt to be very jealously
Consideration
property. In its widest sense consideration is the price, motive or inducement for a promise or for a transfer of property from one person to another. The nature or quality of the consideration which will be sufficient
Fair market value
Fair market value.-- (i) in relation to any immovable property transferred by way of sale or exchange, being immovable property of the nature referred to in sub-clause (i) of
Intoxicating liquor
be for one year only, commencing from the 5th of April, and a licence is not extended by transfer or special removal. 4. Renewal.--A licence granted by way of renewal requires no confirmation. From a refusal to
Benami
fundamental difference between these two classes of transactions is that whereas in the former there is an operative transfer resulting in the vesting of title in the transferee, in the latter there is none such, the transferor
Exchange
Exchange, a contract of sale denotes a transfer of property in goods by mutual consent. Such a transfer of ownership must be in relation to transfer
Mortgage
or the liquidation of the other. the debtor, or borrower, is then the mortgagor, who has charged or transferred his property in favour of or to the creditor or lender, who thus becomes the mortgagee. If the
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