Property Transferred
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Bailment - Bailment describes a legal relationship where physical possession of personal property (chattels) is transferred from one person (the 'bailor') to another person (the 'bailee') who subsequently holds possession of the property. However, it is distinguished from a contract of sale or a gift of property, as it only involves the transfer of possession and not its ownership.
Transfer tax - A transfer tax is a direct tax that is paid when title to property is transferred. Transfer taxes are usually limited to forms of property where there is some legal requirement for registration of the transfer, such as real estate, shares, or bonds.
Feoffee - Feoffee, or more correctly within this context feoffee to uses, is a historical term relating to the law of trusts and equity, referring to the owner of a legal title of a property when he is not the equitable owner. Feoffees essentially became had their titles stripped by the Statute of Uses 1535, whereby the legal title to the property being held by the feoffee was transferred to their 'cestui que use'.
Countercurrent exchange - Countercurrent exchange is a mechanism used to transfer some property of a fluid from one flowing current of fluid to another across a semipermeable barrier between them. The property transferred could be heat, concentration of a chemical substance, or others.
propertytransferred
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