|
G |
|
| Gazumping |
Withdrawal
by a vendor from in agreement with a purchaser to sell land
at a specified price, before the making of a legally binding
contract, in order to accept a higher offer. |
| Good title |
A title which is free from encumbrances and cannot be
challenged. |
| Grant |
A
conveyance generally. Specifically,
a register document of title in Form 5B |
|
H |
|
| Habendum |
The part of a conveyance setting out the nature of the
interest conveyed |
| Hereditament |
a real property right (corporeal or incorporate)
capable of being passed on to an heir. |
|
I |
|
| Immovable
property |
Interests
in property which cannot physically be moved i.e. land and
things attached to land, as opposed to movable property. |
| Implied |
Not
expressly declared, but to be presumed from words or
conduct, or to be inferred as a matter of law. |
| Implied
conditions |
Arc
prescribed for each category of land use |
| Incorporeal
hereditaments |
Intangible
property rights e.g. easements |
| Indefensibility
of title |
Means
that once an interest, such as ownership, is registered, it
is good against the whole world |
| Indenture |
Any
deed between two or more parties. |
| Injunction |
a
court order requiring the party to whom it is addressed
either to do something or to refrain from doing something. |
|
Instrument |
A
formal legal document creating or recording some legal right
or liability. |
|
Interests
in land |
A
present, future or potential claim to real property. |
|
Invalid |
Without
legal force. |
|
Investment
Method |
A
valuation method used for income-producing properties |
|
Issue
document of title |
The
document prepared for issue to the proprietor of any land
being a copy of, or an extract from, the Register Document
of Title |
|
|
|
