Articles

September 26, 2022

MORTGAGE BY CONDITIONAL SALE

IntroductionThe term “mortgage” is derived from a French phrase that was used in medieval Britain and meant “death pledge,” which refers to a pledge that expires (dies) when the debt is paid off or the property is seized through foreclosure. From 1190 onward, the concept of a mortgage originated in England and spread throughout the…

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<strong>TRUST OWNED PROPERTY</strong>

INTRODUCTION Assets that have been put in a fiduciary relationship between a trustor and trustee for a specific beneficiary are referred to as trust property. Any kind of asset, including money, stocks, real estate, and life insurance, can be considered trust property. The terms “trust assets” and “trust corpus” are also used to describe trust…

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HOW TO APPLY SUCCESSION CERTIFICATE

A succession certificate comes into play when a person dies intestate (without a will), and their assets are distributed to their lawful heirs after the court has confirmed ownership legitimacy. The term ‘Dying intestate’ refers to a circumstance in which a deceased individual has not left a will or has left one for an invalid reason.…

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Abetment by Instigation

Instigation basically means suggesting, encouraging or inciting a person to do or abstain from doing something. Instigation may take place either directly or indirectly, by written or oral words, or even by gestures and hints. The instigation must be sufficient to actively encourage a person to commit an offence. It should not be mere advice or…

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