overriding interest
1Overriding interest — is an English land law concept. The general rule in registered conveyancing is that all interests and rights over a piece of land have to be written on the register entry for that land, otherwise, when anyone buys that piece of land, the… …
2overriding lease — 1) A tenancy granted out of the reversion of an existing lease. The overriding lease must be for a longer term than the existing lease that it overrides. For the purposes of the Landlord and Tenant (Covenants) Act 1995 (1995 Act), a former tenant …
3overriding royalty — n: an interest in and royalty on the oil, gas, or minerals extracted from another s land that is carved out of the producer s working interest and is not tied to production costs compare royalty Merriam Webster’s Dictionary of Law. Merriam… …
4overriding interests — were created by the Land Registration Act 1925 (LRA 1925). They are interests that are not protected on the land register but which nevertheless bind any person who acquires an interest in registered land, either on first registration or where… …
5interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …
6interest group — a group of people drawn or acting together in support of a common interest or to voice a common concern: Political interest groups seek to influence legislation. [1905 10] * * * ▪ political science Introduction also called special interest group …
7overriding royalty — A royalty, payable under an oil lease, consisting of a designated fraction or percentage of the working interest or of the total production. 24 Am J1st Gas & O § 87. Such fractional interest in the production of oil and gas as is created from the …
8Overriding royalty — A royalty interest, in addition to the basic royalty, created out of the working interest; it is, therefore, limited in its duration to the life of the lease under which it is created. U.S. Dept. of Energy, Energy Information Administration s …
9Overreaching interest — is a term in English land law. Overreaching can only exist where a trust is in existence and a property is sold. The occupiers of a property in such a situation cannot then claim that their occupation of the property is an overriding interest, as …
10Equitable interest — An equitable interest is an interest held by virtue of an equitable title (a title that indicates a beneficial interest in property and that gives the holder the right to acquire formal legal title) or claimed on equitable grounds, such as the… …
