In the absence of a transfer of title
, it is submitted that, a transaction cannot be called a "sale".
His system replaced several variants of English Common Law by which an exchange of land deed constituted transfer of title
. In place of this tradition, Torrens's law required registration of title with a government office as the proof of legal ownership.
At a media briefing with Bahrain Bay Development, the senior management team from Ajmera Mayfair Group provided an update on the project's progress, in addition to announcing the completion of its land payment and the transfer of title
from Bahrain Bay to Ajmera Mayfair.
Hence, the transfer of title
and full ownership is predicated on the successful completion of the contract, so a substantial risk of forfeiture exists with regard to A's absolute ownership of the widget manufacturing equipment.
The term "payment of cash in advance' shall be interpreted as payment before the transfer of title
to, and control of, the exported items to the Cuban purchaser," Dorgan's amendment says.
The 21 chapters cover provisions on topics that include: trade terms, price, permits and licenses, payment, delivery, transfer of title
and risk, bills of lading and other documents for carriage of goods, force majeure and hardship, intellectual property, dispute resolution, governing law, and language.
He implies that the government took ownership of the Tote as a means of facilitating a smooth transfer of title
, and on the basis that the industry should trust it to protect its long-established interests.
All time periods run from the date of transfer of title
. So, as long as one actually sells and transfers title to one's relinquished property before taking title to the replacement property, it is possible to perform a delayed exchange.
It is important that the arrangement is properly documented so that all the necessary terms are set out, the land is identified accurately and the transfer of title
is registered properly.
Transfer of Title
. In general, title to goods must transfer to meet the delivery requirement.
has made significant progress in the marketing of the Market Center Loan and in negotiating a cooperative transfer of title
to the property to the trust.
The EU leaders had urged that steps be taken to enhance the comparability of financial statements prepared by publicly traded companies, and set the deadline of 2005 to implement the FSAP.Collateral agreements.The Ecofin Council also agreed to a proposal for a Directive on financial collateral agreements, which should create a uniform EU legal framework to limit credit risk in financial transactions through the provision of securities and cash as collateral, under both pledge and transfer of title
arrangements (including repurchase agreements).