coupled with an interest — This phrase, in the law of agency, has reference to a writing creating, conveying to, or vesting in the agent an interest in the estate or property which is the subject of the agency, as distinguished from the proceeds or profits resulting from… …"In order for a power to be irrevocable because coupled with an interest, the interest must be in the subject matter of the power and not in the proceeds which will arise from the exercise of the power." 3 Am. Jur. 2d Agency § 60. For example, in one case the court held that death of the principal...INTEREST-An individual named Cowie advanced money to the plaintiff, and as security for the loan, he was authorized by the plaintiff to reimburse himself through the sale of a quantity of liquid amber which belonged to the plaintiff. determining what was an agency coupled with an interest.This video explains the special and critical issues related to Agency coupled with Interest, and Formation of Contract of Agency, special procedure to be...Do you know what is meant by agency coupled with an interest? If not, make sure to check out this post. If any questions arise, make sure to contact us. Situation in which the agent has a personal interest in the subject of the agency , as when one co-owner has been authorized by the other to sell...
"Coupled with an Interest" - Adams on Contract Drafting
? This type of agency is irrevocable before the interest expires, unless the parties agree otherwise when creating the interest. The agency survives even if the principal becomes insane or dies. See power coupled with an interest under POWER(3). [Cases: Principal and Agent 34, 43(2). C.J.S...If the agency relationship is coupled with an interest, the interest gives the agent a level of legal power over any decisions about the writer's works. Living in Houston, Gerald Hanks has been a writer since 2008. He has contributed to several special-interest national publications.You can also add a definition of Agency Coupled With An Interest yourself.Q. What does "coupled with an interest" mean? The phrase is used in the agency section of my contract. A. This phrase is a confusing one, and I'm willing to wager that most agents who have it in their agency clause understand neither its meaning nor its purpose and included it only because...
Agency - Revocability of Power of Sale Coupled with an Interest
An agency relationship in which the agent is given an estate or interest in the subject of the agency (the property). The relationship between a principal and an agent wherein the agent is authorized to represent the principal in certain transactions. Agency coupled with an interest Definition by...Hence, the agency is irrevocable before its expiration or without the consent of the agent. Additionally, death, bankruptcy, and mismanagement by the principal cannot end or terminate an agency coupled with an interest until the agent is able to realize his or her legal interest.AGENCY COUPLED WITH INTEREST ✔ найдено 2 значения слова ✔ надане агенту право на отримання вигоди з предмету. Agency coupled with interest. найдено в "Англо-украинском юридическом словаре".Agency coupled with an interest is when an agent has possession or control of the property of his principal and possesses a legal rights against interference by third parties. It is an agency relationship in which the agent is given an estate or interest in the property that is the subject of the agency.If the agency is coupled with an interest, the agency usually cannot be revoked by the principal before the expiration of the interest and is not terminated by the death or insanity of either the principal or the agent.
См. также в других словарях:
agency coupled with an interest — see agency 2a Merriam Webster's Dictionary of Law. Merriam Webster. 1996 … Law dictionary
agency coupled with an interest — See power coupled with an interest … Ballentine's regulation dictionary
coupled with an interest — This word, in the legislation of agency, has connection with a writing growing, conveying to, or vesting within the agent an interest within the estate or assets which is the topic of the agency, as outstanding from the proceeds or income attributable to… … Black's law dictionary
coupled with an interest — This phrase, in the law of agency, has reference to a writing creating, conveying to, or vesting in the agent an interest in the estate or belongings which is the topic of the agency, as prominent from the proceeds or income as a consequence of… … Black's regulation dictionary
power coupled with an interest — A power conferred by a writing which vests within the agent an interest or property in the subject of the agency, now not simply an interest within the proceeds or result of the workout of the agency. Cox v Freeman, 204 Okla 138, 227 P2d 670, 28 ALR2d 430 … Ballentine's regulation dictionary
Agency (legislation) — Agency is an area of industrial regulation dealing with a contractual or quasi contractual tripartite set of relationships when an Agent is permitted to behave on behalf of some other (referred to as the Principal) to create a felony relationship with a Third Party.… … Wikipedia
agency — agen·cy n pl cies 1: the person or thing wherein power is exerted or an finish is achieved death by prison agency W. R. LaFave and A. W. Scott, Jr. 2 a: a consensual fiduciary dating by which one celebration acts on behalf of and under the… … Law dictionary
agency — A dating between two individuals, via agreement or differently, the place one (the agent) would possibly act on behalf of the opposite (the essential) and bind the major through words and actions. Relation in which one person acts for or represents every other by way of latter … Black's law dictionary
agency — A dating between two persons, by means of settlement or differently, where one (the agent) may act on behalf of the other (the main) and bind the foremost by means of phrases and movements. Relation during which one particular person acts for or represents another by means of latter … Black's regulation dictionary
agency — /ay jeuhn see/, n., pl. companies. 1. an group, company, or bureau that gives some carrier for some other: a welfare agency. 2. a company having a franchise to constitute another. 3. a governmental bureau, or an office that represents it. 4 … Universalium
Agent (legislation) — For different uses of the word Agent, see Agent (disambiguation). This is correctAn Agent in Commercial Law is an individual who is approved to behave on behalf of some other (referred to as the Principal) to create a legal dating with a Third Party. Section… … Wikipedia
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