Meaning and Legal Concept The rights of an unborn person refer to the legal recognition given to a child who is not yet born but […]
Category: OU LLB 3rd Sem Law of Property
17. Conditional Transfer
Meaning and Legal Concept A conditional transfer is a transfer of property that takes effect subject to the fulfilment or non-fulfilment of a condition imposed […]
16. Immovable Property
Meaning and Legal Concept Immovable property is a core concept in property law and broadly refers to property that is permanent in nature and cannot […]
15. Licence
Meaning and Legal Concept A Licence is a legal permission granted by the owner of property (licensor) to another person (licensee) to do something on […]
14. Lease
Meaning and Legal Concept A Lease is a legal agreement by which the owner of immovable property (lessor) grants the possession of the property to […]
13. Mortgage
Meaning and Legal Concept A Mortgage is a legal instrument by which the owner of immovable property transfers an interest in that property to another […]
12. Vested Interest
Meaning and Legal Concept Vested Interest refers to an interest in property that is fixed, present, and transferable, even though the enjoyment of the property […]
11. Chattels
Meaning and Legal Concept Chattels refer to movable, tangible personal property that is not attached to land or immovable property. The term originates from common […]
10. Apportionment
Meaning and Legal Concept Apportionment refers to the equitable division or distribution of benefits, liabilities, income, or obligations arising from property among different persons or […]
9. Contribution
Meaning and Legal Concept Contribution is an equitable doctrine under property and mortgage law which ensures fair distribution of liability among persons who share a […]