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Equitable interest and legal interest?
Legal interest - n.(in land law) A right in or over land. It may comprise equitable ownership of the land (such as the interest of the tenant for life under a settlement), where the legal estate is owned by trustees; or the benefit of some other right over the land of another, such as an easement or rentcharge. Interests of the latter type can be legal or equitable, but under the Law of Property Act 1925 only interests owned on terms equivalent to a fee simple absolute in possession or a term of years absolute qualify as legal interests. A person interested in land is one who has rights in it. See also equitable interests.equitable interests - Interests in property originally recognized by the Court of Chancery, as distinct from legal interests recognized in the common-law courts. They arose in cases when it was against the principles of equity for a person to enforce a legal right. Originally equitable rights (e.g. a trust, or the equity of redemption under a mortgage) were enforceable against the person with a legal right over property in question. Later, however, those who were given the property by the holder of the legal interests took it subject to equitable interests; later still, anyone who bought property knowing of the equitable interests was bound by them. In the developed law, everyone took property subject to equitable interests except those who bought it and neither knew nor ought to have known of the equitable interests (the doctrine of notice). Since 1925, equitable interests may be protected by the doctrine of overreaching, under the system of land charges, or by notice.equitable interest An interest in, or ownership of, property that is recognized by equity but not by the common law. A beneficiary under a trust has an equitable interest. Any disposal of an equitable interest (e.g. a sale) must be in writing. Some equitable interests in land must be registered or they will be lost
How do i get an Affidavit of Waiver of Interest in Child?
What state do you live in? If you are you in Texas, try this website: http://www.lanwt.org/txaccess/lf.asp
What is next to reply affidavit?
REJOINDER-AFFIDAVIT
How do you start an affidavit?
Do you mean an affidavit? It is a statement of something that you sign as to its truth.
What is an affidavit of Heirship?
An affidavit that states the heirs of a decedent. An Affidavit of Heirship is used instead of probate when a person dies without a will. http://www.heirship.com/2009/11/affidavit-of-heirship.html
Sample of affidavit of acquittance of friend?
sample of affidavit of acquittance
Are Laws are classified as procedural and equitable?
No, laws are not procedural or equitable
When was Palais Equitable created?
Palais Equitable was created in 1891.
When was Scottish Equitable created?
Scottish Equitable was created in 1831.
What rhymes with title?
"Vital," "entitle," and "recital" all rhyme with "title."
Does a contract for deed constitute legal or equitable title?
Equitable.Equitable.Equitable.Equitable.
What is the meaning behind the word equitable?
The word equitable is commonly defined as dealing fairly and equally with all concerned. An example of the word equitable in a sentence would be "The court made a very equitable decision".
