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The missives of sale, in Scots property law, are a series of formal letters between the two parties, the Buyer and the Seller, containing the contract of sale for the transfer of corporeal heritable property (land) in Scotland.
However, many conveyancers still include the use of a 2-year supersession clause in the Missives of Sale to ensure that contractual obligations come to end after 2 years rather than the running the full statutory 20-year period under the Prescription and Limitation (Scotland) Act 1973. [24]
This legal rule, still in force today under the Land Registration (Scotland) Act 2012, gives rise to the concept of the 'race to the registers' in which the disponee (commonly, the buyer following the conclusion of missives of sale) must record the disposition granted to him in the Land Register, thwarting all other potential third party claims ...
The final legislation to introduce a new map-based system was the Land Registration (Scotland) Act 1979 (c. 33) which introduced a map-based Land Register of Scotland. The 1979 act provided that each county of General Register of Sasines would transfer over to the new Land Register. The 'live' date for each county was: [9]
WASHINGTON — President Donald Trump's administration evicted former Coast Guard Commandant Linda Fagan from her home with three hours of notice on Tuesday — not even enough time to gather her ...
Accession (Latin accessio) is a method of original acquisition of property under Scots property law.It operates to allow property (the accessory) to merge with (or accede to) another object (the principal), either moveable or heritable. [1]
From January 2008 to December 2012, if you bought shares in companies when Kevin M. McNamara joined the board, and sold them when he left, you would have a 27.4 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
A threatened strike at 56 Costco stores across six states has been averted for now, as the company and negotiators for the Teamsters union, representing 18,000 workers, reached an 11th hour ...