Legislative Dictionary - E
Judicial Dictionary
Legislative Dictionary
Encumbrance
Category | E |
---|---|
Title | Encumbrance |
Details | "encumbrance", in relation to any estate, tenure, holding, tenancy of land, means any mortgage, charge, lien, subÂtenancy, easement or other right or interest created by the holder thereof on such estate, tenure, holding, tenancy or land or in limitation of his own interest therein.
[See, section 2 (10), the State Acquisition and Tenancy Act, 1951 (East Bengal Act No. XXVIII of 1951)]. "encumbrances" includes mortgages and terminable charges. [See, section 2 (10), the Estate Duty, 1950 (Act No. X of 1950)] [Now stands repealed by the Finance Ordinance, 1982] |
Created On | June 28, 2011, 9:11 AM |
Hits | 318 |