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Vested in possession

Matched in: Term Vested in possession

Vest

Vest, (1) Either to place in possession; to make possessor of; or, to give an absolute interest in property … Vest, (1) Either to place in possession; to make possessor of; or, to give an absolute interest in property when a named period or event

Vested remainder

Matched in: Term Vested remainder

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vest

or endow with a particular authority, right, or property [ a judge with discretion] vi : to become vested ;specif : to entitle one unconditionally to the payment of pension benefits upon termination or retirement [his pension … vestir, literally, to clothe, from Old French, from Latin vestire] vt 1 a : to place in the possession, discretion, or province of some person or authority [all legislative powers herein granted shall be ed in a

Uses

or springing uses may be limited by copyhold surrenders, so as to have the effect of divesting prior vested estates. (2) Upon a demise to the grantee to uses of leaseholds and chattel interests. It is said … was called the cestui que use, or he to whose use the land was conveyed, and the person in possession, the feoffee to uses. Thus A. conveyed an estate to F. to his (A.'s) own use or to

Settled land

in possession or a term of years absolute (which are the only legal estates in existence) should be vested in an owner who could transfer either of these if settled entirely to a purchaser for value without being

Joint-tenancy

give a title to the whole estate without the concurrence of other parties. that legal estate has been vested in trustees for sale as joint-tenants in the following cases, in joint-tenancy, estates in common or undivided shares, and … See PARTITION. (6) Limitation of action under 3 & 4 Wm. 4, c. 27, s. 12, a joint-tenant in possession to the exclusion of the other or others may obtain a title under the Statute against the other

Vesting

import and has many meanings. The sense of the situation suggests that in s. 117(1) of the Act 'vested in the State' carries a plenary connotation, while 'shall vest in the Gaon Sabha' imports a qualified disposition confined … in which it is sought to recover possession of the trust property by ejecting trespassers who are wrongfully in possession of it, Johnson D. Po Min v. U. Ogh, AIR 1932 Rang 132: 10 Rang 342. Vesting assent,

title

property [had clear title to the farm] ;broadly : marketable title in this entry equitable title : title vested in one who is considered by the application of equitable principles to be the owner of property even though … recognized as constituting formal or valid ownership (as by virtue of an instrument) even if not accompanied by possession or use [the trustee held legal title to the property] [retained legal title to the goods until the

Limitation of actions and prosecutions

right to recover land etc., is limited to six years from the time when the estate shall have vested in possession or twelve yeas from the date when the right first accrued to the person whose interest was determined,

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