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The authors also point out, however, that successfully enforcing these entitlements (the law) is as important as establishing them in order to avoid the "might makes right" world. From this notion, the authors consider three types of entitlements: entitlements protected by property rules, entitlements protected by liability rules, and ...
The incumbent's official title might be that of rector, vicar, "curate-in-charge" or "perpetual curate". [4] The difference between these titles is now largely historical. Originally, an incumbent was either a rector who received all the tithes or a vicar who received only the small tithes (see Impropriation).
The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
The word "incumbent" is derived from the Latin verb incumbere, literally meaning "to lean or lay upon" with the present participle stem incumbent-, "leaning a variant of encumber, [1] while encumber is derived from the root cumber, [2] most appropriately defined: "To occupy obstructively or inconveniently; to block fill up with what hinders freedom of motion or action; to burden, load."
In property law, the American rule of possession states that a landlord is obligated only to deliver legal possession, but not actual possession, of a leased premises to a tenant. Thus, if a tenant arrives at a leased premises only to discover that it is still inhabited by a previous tenant who is holding over, or by squatters, it is the tenant ...
Examples are those getting the property as a gift and heirs. Also, those who purchase ownership interests in the owners of the property, such as shares of stock in a corporation owning the land, have not purchased an interest in the property itself and so are unprotected. Also, recording laws generally do not protect purchasers against real ...
For example: When a person having legal title to property dies, heirs at law or beneficiaries per the last will, automatically receive an equitable interest in the property. When an executor or administrator qualifies, that person acquires the legal title, subject to divestment when the estate has been administered so as to allow for the lawful ...
Ostend, Belgium: notice on the sequestration of enemy possessions after the German occupation of Belgium during World War II, pursuant to the Legislative Order of 23 August 1944. In law, sequestration is the act of removing, separating, or seizing anything from the possession of its owner under process of law for the benefit of creditors or the ...