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Pernor of profits
Pernor of profitsHe who receives the profits of lands. A cestui que use, who is legally entitled and actually does receive the profits, i's the pernor of profits. RELATED TERMS-------------------------------------- Profits In general, by this term is understood the benefit which a man derives from a thing. It is more particularly applied to such benefit as arises from his labor and skill. Cestui He. This word is frequently used in composition as, cestui que trust, cestui que vie. Use 1) Estates. A confidence reposed in another, who was made tenant of the land or terre tenant, that he should dispose of the land according to the intention of the cestui que use, or him to whose use it was granted, and suffer him to take the profits. 2) Civil law. A right of receiving so much of the natural profits of a thing as is necessary to daily sustenance; it differs from usufruct, which is a right not only to use but to enjoy. Receive To receive. Voluntarily to take from another what is offered. SIMILAR TERMS-------------------------------------- Pernancy This word, which is derived from the French prendre, to take, signifies a taking or receiving. PREVIOUS AND NEXT TERMS-------------------------------------- Permission A license to do a thing; an authority to do an act which without such authority would have been unlawful. Permissive Allowed; that which may be done; as permissive waste, which is the permitting real estate to go to waste; when a tenant is bound to repair he is punishable for permissive waste. Permit A license or warrant to do something not forbidden bylaw. Permutation Civil law. Exchange; barter. Pernancy This word, which is derived from the French prendre, to take, signifies a taking or receiving. Pernor of profits Perpetrator The person who commits the Fraud. Perpetual That which is to last without limitation as to time. Perpetuating testimony The act by which testimony is reduced to writing as prescribed by law, so that the same shall be read in evidence in some suit or legal proceedings to be thereafter instituted. Perpetuity Estates. Any limitation tending to take the subject of it out of commerce for a longer period than a life or lives in being, and twenty-one years beyond; and in case of a posthumous child, a few months more, allowing for the term of gestation or it is such a limitation of property as renders it unalienable beyond the period allowed by law. Perquisites In its most extensive sense, perquisites signifies anything gotten by industry, or purchased with money, different from that which descends from a father or ancestor. We thank you for using the Juridical Dictionary to search for Pernor of profits. If you have a better definition for Pernor of profits than the one presented here, please let us know by making use of the suggest a term option. This definition of Pernor of profits may be disputed by other professionals. Our attempt is to provide easy definitions on Pernor of profits and any other medical topic for the public at large.
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