Definitions Flashcards
1
Q
Estate
A
A right to enjoy possession over a piece of land over a period of time.
2
Q
Right of entry (i.e. forfeiture)
A
Right for a grantor of the land to forfeit the grant and reclaim the land should the grantee break some condition.
3
Q
General equitable charge
A
An equitable charge for money where the owner of the charge does not take possession of the title deeds to the legal estate affected by the charge