Trust Act - Law Dictionary Search Results

any land, or any estate or interest in land, 'stands for the time being limited to or in trust for any persons by way of succession' (Settled Land Act, 1882, s. 2) (see infra for the statutory

Trust for sale

Matched in: Term Trust for sale

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trust

Matched in: Term trust

Uses

debts by the heir or executor. There appears to have been a distinction between a use and a trust, even before the Statute of Uses. A special trust appears to have arisen where the feoffee to uses … intention or purpose, express or implied, upon which property is to be held. The Common Law treated the actual possessor for all purposes as the owner of the property. It was not difficult to find him out,

Marriage settlement

to that of personalty as far as possible, marriage settlements of land (not being effected by way of trust for sale), and if providing for infant or for a succession of interests in land or charging land … There is an express saving for such a settlement in s. 19 of the (English) Married Women's Property Act, 1882, and see the (English) Married Women's Property Act, 1907 (7 Edw. 7, c. 1), invalidating a settlement

Consideration

v. Atkinson, (1861) 1 B&S 393; Re Empress Engineering Co., (1880) 16 Ch D 125; but if a trust be created for the third party, there is a departure from the rule and the third party can … Consideration. Any act of the promisee (the person claiming the benefit of an obligation) from which the promisor (the person burdened

Breach of trust

Matched in: Term Breach of trust

Public trustee

Public trustee. The office of Public Trustee was established by the (English) Public Trustee Act, 1906, which came into force

Charitable purpose

(1891) AC 531 (583), where four principal divisions were said to be comprised-trusts for the relief of poverty; trusts for the advancement of education; trusts for the advancement of religion; and trusts for other purposes beneficial to … public utility, but does not include a purpose which relates exclusively to religious teaching or worship. [Charitable Endow-ments Act, 1890 (6 of 1890), s. 2] Means relief of the poor, education, medical relief and the advancement of

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