General Equitable Charge

Business, Legal & Accounting Glossary

Definition: General Equitable Charge




Full Definition of General Equitable Charge


Under the land charges act (1972), the ‘general equitable charge’, or class C(iii) charge, is an interest in unregistered land that is not secured by a deposit of title deeds, and does not fall into any other category of equitable charge. In order to prevent class C(iii) becoming a dustbin for all kinds of equitable interest, some important interests are specifically excluded. In particular, you can’t register an interest under a Trust in class C(iii). Probably the only interest that is likely to be encountered in this class now, and then only rarely, is an equitable mortgage.


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Definition Sources


Definitions for General Equitable Charge are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th April, 2020 | 73 Views.