Ab Initio
(Lat.) means from the beginning; and
Absolute
means any Instrument, Rule, Decree or Record issued under the proper Rule of Law that is complete and final, without encumbrances or liable to change or cancellation; and
Absolute Owner
means the owner or person capable of disposing, by disposition or otherwise of the fee simple, or dominium utile, of the whole interest of or in land, although the land or his interest therein is burdened, charged or encumbered; and
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Dominium Utile
Dominium Utile. In the civil law. Equitable or prætorian ownership; that which was founded on equity. Mackeld. Rom. Law, § 327, note. In later law. Use without property; the right of a tenant. Tayl. Civil Law, 478. In feudal law. Useful or beneficial ownership; the usufruct, or right to the use and profits of the soil, as distinguished from the dominium directum (q. v.) or ownership of the soil itself; the right of a vassal or tenant. 2 Bl.Comm. 105.
Black´sLawDictionary, 4th Revised Edition, 1968, p. 574.
Dominium directum et utile is a Latin legal term referring to the “complete and absolute dominion [in property]”; i.e. the union of the title and the exclusive use.
Dominium directum et utile is a Latin legal term referring to the “complete and absolute dominion [in property]”; i.e. the union of the title and the exclusive use.[1]
Definitions
Dominium directum (Feudal): the right of the lord (i.e., the right to direct) in the disposition of an asset (typically land).Dominium utile (Feudal): the right of use and utility of an asset, and to keep the benefits (such as the right to live on the land, and to keep the profits from agriculture).
The terms derive from Latin dominium (domain, dominion), directum (direction, in the sense of leadership), and utile (use, utility).
An asset is defined to mean itself and those things that naturally go with it. For land, that would include buildings, trees, underground resources, etc. It would not include “movable” property, such as wagons or livestock.
The holder of the dominium directum is considered the superior (i.e., the lord); the holder of the dominium utile is considered the inferior (i.e., the vassal).
Dominium utile includes the right of the holder to keep any income or profit derived from the asset.
The transfer of the dominium directum does not affect the rights of any holders of dominium utile. The holder of a dominium utile has no right of transfer (however, there were usually conditions allowed for, such as transfer to a son in the event of death).
The definition was constructed from the sources. [2][3][4][5][6]
Additional explanations
The “lord” holding dominium directum may be anyone with sovereign power over the asset, such as a monarch or other nobility, or an established Christian Church.
Abstract
means a summary of pertinent facts of a larger Instrument (such as a Memorandum or Testimony), or a representation of facts contained within a particular Record, usually for the purpose of certification; and
Accounting Period
means the standard measure and period for the preparation of Accounts expressed as a Ucadian Sun Year consisting of 365 days; or expressed as Gregorian Time being 365 days; and
Act
means (a) an event in time and dimension based on reason, involving the transmission of energy and awareness relating to some form or thing; and
(b) a statute of a proper legislative body that is not otherwise morally repugnant, perfidious, treasonous, blasphemous or heretical; and
Action
means recoupment, Claim, counterclaim, setoff, suit and any other proceeding in that; Rights are determined in a competent forum and agreed Jurisdiction; and
Accept, also Acceptance
means evidence exists by express Consent in the case of an Agreement or implied Consent in the case of a Contract that an Offer was accepted by all parties. In the absence of any reasonable argument for Consent, an Agreement or Contract cannot be argued as being in legal or lawful effect; and
Acceptance period
means the period commencing on the date a Notice is given or deemed to have been given and ending at 5.00pm on the 10th Business Day after that date, or that another date as agreed between the Recipient and the Sender in “writing”; and
Acceptor
means a Drawee or Person who has accepted a Draft or other instrument; and
Account, also accounts
A) A collection of financial documents, books and records relating to a distinct fiduciary relation formed in trust between the Body Corporate and other parties concerning one or more rights, use of property for the purpose of banking, commerce, taxation or governance; and
(b) The original record of event as to its creation and validity entered into some formal register of similar types of accounts; and
(c) Any subsequent statement or summary or report from time to time referencing key information concerning its function and performance; and
(d) The summary of all Accounts and Account Relations, also known as the “Master Accounts” of the Body Corporate, Production or Project and prepared and presented in statements, summary and reports consistent with Accounting Standards; and
Accounting standards
(a) The accounting standards approved under the Ucadian Law and the requirements of that law about the preparation and content of accounts; and
(b) Generally accepted and consistently applied principles and practices within the Jurisdiction of Ucadian Law; and
(c) In relation to a company incorporated outside the Jurisdiction of Ucadian Law, the equivalent accounting standards, principles and practices in the jurisdiction of incorporation; and
Accounting period, also Fiscal Year
means the period from the time of the formation of the Body Corporate to the following 31 December and then each period of 12 months ending on 31 December in each year in accord with the Jurisdiction of Ucadian Law; and
Advance
means a payment of money before it is due. An Advance may be recoupable or nonrecoupable; and
Adverse claim
means that by an Action is commenced to nullify a claimant’s property interest in an Asset and that the claimant must establish that it is a violation of the rights of the claimant for another person to hold, transfer, or deal with the Asset; and
Advocate
means a person suitably qualified, competent and capable in proper law, in respect of the Golden Rule of Law, Justice and Due Process; and
Affairs
Affiliate
means a person, or body or association that is related to another party and is considered to be directly or indirectly controlled or under the control of that party; and
Agent
a) Any man, woman or person duly appointed, acknowledged or recognised under these Bylaws as a named Beneficiary, including any Person possessing a nondurable Power of Attorney, or an individual authorised to make decisions or act with temporary powers of another in accord with these terms and conditions; or
(b) One who acts for, or in the place of, another (the Principal), by authority from him in accord with Ucadian Law; or one entrusted with the business of another such as a substitute; or a deputy; or one known as a factor; and
Agentis Juris
(Lat.) means one having the capacity of a 2nd Person (you, ye, yours, yourself or yourselves) as an artificial Person and Agent of the Principal; and
Alieni Juris
(Lat.) means one having the capacity of a 3rd Person (he, she, it, they, them, their, theirs or themselves) as a Legal Person “In Personum” and as a Ward, or Lunatic, or Infant under the control of another; and
“Amend” means to change or modify; and
Agreement
Name the six (6) minimum requirements.
is a Bilateral Consensus in Writing between two (2) men or women of equal standing clearly demonstrating the minimum requirements of Offer, Valuable Consideration, Sufficiency, Terms, Full Disclosure and Acceptance whereby consent is expressed and not implied.
CONTRACTS
Annul, also Annulment
Application