As an adjective, belonging to ownership; owned by a particular person; belonging or pertaining to a.

Proprietary interest definition law

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. class=" fc-falcon">28 U. PROPERTY. .

Property rights are some of the most basic rights in a free society.

An example might be the registered title deed to your land.

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Federal custody and control over this property brings with it a host of responsibilities, including in some cases federal criminal jurisdiction.

Proprietary interest defines the rights and duties related to an item a certain party owns.

class=" fc-falcon">Define Proprietary Interest. : of or like that of an owner. yahoo. wex definitions.

yahoo. proprietary or equitable interest means any proprietary or equitable interest or right whatsoever including, without limitation, any such interest or right arising under or by virtue of any disposition made or purporting to be made by way of security or by way of loan and any other lien, pledge, encumbrance or equity of any kind. ”.

The word proprietary signifies a relationship to a proprietor or owner; of, relating to, or involving ownership.
A Microsoft logo is seen in Los Angeles, California U.S. 27/11/2023. REUTERS/Lucy Nicholson

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Synonymous with chattel. First, the sellers must receive a “definite and material” interest in the purchasing corporation.

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In very general terms estoppels operate to enforce the terms of a promise.

Like paragraph (e), the general rule has its basis in common law champerty and maintenance and is designed to avoid giving the lawyer too great an interest in the.

A constructive trust may be imposed by operation of the law and in spite of the intention of the parties, to place property on trust for the party suffering the breach of an equitable obligation. Case law provides that the continuity of proprietary interest has two components. property & real estate law. .

wex. For instance, if Party A promised. . Proprietary rights, also termed property rights, are the rights that accompany legal ownership of tangible or intangible property; rights over or in respect of property.

A non-proprietary interest is essentially bilateral: generally only one other person is under a duty correlative to the right held by the right holder.

. Oct 21, 2022 · class=" fc-falcon">The concept of a ‘beneficial interest’ derives from the law of equity. Jun 4, 2019 · A proprietary interest refers to the legally enforceable right to possess or use property in accordance with an official recognition of that right.

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. The term “ court of the United States ” includes the Supreme Court of the United States, courts of appeals, district courts constituted by chapter 5 of this title, including the Court of International Trade and any court created by Act of Congress the judges of which are entitled to hold office during good. . property & real estate law.