land trust certificate
land trust certificate. An instrument granting the holder a share of the benefits of property ownership, while the trustee retains legal title. See land trust under TRUST.
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Search Results for: land grant
swamp and overflowed land
Land that, because of its boggy, marshy, fenlike character, is unfit for cultivation, requiring drainage or reclamation to render it available for beneficial use. • Such lands were granted out of the U.S. public domain to the littoral states by acts of Congress in 1850 and thereafter.43 USCA §§ 981 et seq. [Cases: Public Lands
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accumulando jura juribus
accumulando jura juribus ([schwa]-kyoom-y[schwa]-lan-doh joor-[schwa]joor-i-b[schwa]s). [Law Latin] Hist. By adding rights to rights. “[Accumulando jura juribus] will be found in deeds, as expressing the intention of the maker or granter of it that the right thereby conferred on the grantee is not to be regarded as coming in place of other rights which the grantee
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bounty land warrant
bounty-land warrant. Hist. A state- or federal-government-issued certificate affirming a veteran’s eligibility to apply for ownership of a certain amount of public land. • A veteran had to apply for a bounty-land warrant; it was not automatically granted. When the application was approved, the veteran received notice that the warrant had been issued in the
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inclusive grant
A deed or grant that describes the boundaries of the land conveyed and excepts certain parcels within those boundaries from the conveyance, usu. because those parcels of land are owned or claimed by others. — Also termed inclusive deed.
loanland
loanland. Hist. A tenancy involving the loan of land by one person to another. — Also spelled laenland. Cf. BOOKLAND; FOLKLAND. “Laenlands were loaned lands, that is, lands granted for a period, either the life of the grantee or some longer time such as three lives. In return the grantees performed services, usually of an
covenant running with the land
A covenant that, because it relates to the land, binds successor grantees indefi-nitely. • The land cannot be conveyed without the covenant. — Also termed real covenant; covenant running with the title. [Cases: Covenants 53–70. C.J.S. Covenants §§ 6, 25–31.]
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indemnity land
indemnity land. 1. Public land granted to a railroad company to help defray the cost of constructing a right-of-way. • This land indemnifies a railroad company for land given in a previous grant but since rendered unavailable for railroad use by a disposition or reservation made after the original grant. [Cases: Public Lands 70. C.J.S.
land revenue
Revenue derived from lands owned by the Crown in Great Britain. • Since, over the years, crown lands have been largely granted to subjects, they are now transferred within very narrow limits. See Crown land under LAND.