Scribd Logo
Upload

Welcome to Scribd!

  • SCHEME OF Ownership

    Uploaded by

    Sidharth Premkumar
    10 views1 page
    This document outlines different classifications of ownership including sole and duplicate ownership, legal and equitable ownership, vested and contingent ownership, and ownership that can be indefinite, unrestricted, and unlimited in duration. It shows that ownership can be classified as corporeal or incorporeal, and includes diagrams demonstrating concepts like trust and beneficial ownership, co-ownership, and ownership that is vested absolutely or contingent on future uncertain or certain events.

    Original Description:

    Juris

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines different classifications of ownership including sole and duplicate ownership, legal and equitable ownership, vested and contingent ownership, and ownership that can be indefinite, unrestricted, and unlimited in duration. It shows that ownership can be classified as corporeal or incorporeal, and includes diagrams demonstrating concepts like trust and beneficial ownership, co-ownership, and ownership that is vested absolutely or contingent on future uncertain or certain events.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views1 page

    SCHEME OF Ownership

    Uploaded by

    Sidharth Premkumar
    This document outlines different classifications of ownership including sole and duplicate ownership, legal and equitable ownership, vested and contingent ownership, and ownership that can be indefinite, unrestricted, and unlimited in duration. It shows that ownership can be classified as corporeal or incorporeal, and includes diagrams demonstrating concepts like trust and beneficial ownership, co-ownership, and ownership that is vested absolutely or contingent on future uncertain or certain events.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    SCHEME OF OWNERSHIP

    OWNERSHIP
    - Various Definitions
    Indefinite in point of user
    Unrestricted in power of Incidence of
    Disposition Ownership
    Unlimited in point of duration

    Corporeal
    and Classification
    Incorporeal of Ownership Sole &
    Ownership Duplicate
    Ownership
    Duplicate
    Ownership

    Trust and
    Beneficial Legal and
    Ownership
    Equitable
    Ownership
    Vested and
    Co-ownership Contingent Vested in
    Ownership interest-
    Future
    Absolutely certain event
    vested
    Ownership Condition
    subsequent- Contingent
    ending vested Ownership
    ownership

    Contingent -
    Condition Future
    precedent- uncertain event
    beginning point

    You might also like