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It reformed the legislation governing the execution of deeds and documents in order to standardise the formal requirements for companies, corporations and individuals. [1] It made amendments to the Law of Property Act 1925, the Companies Act 1985 and the Law of Property (Miscellaneous Provisions) Act 1989. [1]
An Act to make new provision with respect to deeds and their execution and contracts for the sale or other disposition of interests in land; and to abolish the rule of law known as the rule in Bain v. Fothergill. Citation: 1989 c. 34: Territorial extent England and Wales: Dates; Royal assent: 27 July 1989: Commencement: 27 September 1989 (in part)
89. In that case the deed was held to be effective to pass the legal title to the land, but the same or similar reasoning would have led to the conclusion that the execution of the deed was in principle sufficient to operate as an equitable assignment.
Execution of documents – Formalities for execution as a deed are further revised, so that a single director can execute a document as a deed on behalf of the company by a simple signature in the presence of a witness. Share capital – the requirement for an authorised share capital is abolished. Companies can redenominate their share capital ...
Administrative agency rules; Items under official governmental seal Patents, authentication certificates, apostilles, etc. Any deed or formal agreement recorded and filed with a government register or records office Title-deeds, conveyances, wills, company charters, public inventories, etc.
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.
In January, a Japanese author admitted that her award-winning book, “The Tokyo Tower of Sympathy,” had been written with the help of ChatGPT. Shortly after receiving the Akutagawa Prize, Rie ...
A fee tail is a limited estate with succession confined to the direct descendants of the original holder of the estate – descendant determined according to ancient heirship rules which leaned in favour of the eldest son.