Sunday, January 22, 2023

What Is Meant By The Principle Where equities are equal The First In Time prevail

What Is Meant By  Where equities are equal The First In Time prevail

Introduction

The principle of "where equities are equal, the first in time prevail" is a legal principle that is often applied in property law and disputes over ownership of land or other assets. The principle states that when two parties have competing claims to the same property, the party who can demonstrate that they have the older and more established claim will typically be given precedence over the other party.

Example On The Maxim where equities are equal The First In Time shall prevail

An example of this principle in action would be a dispute between two neighbors over a piece of land. One neighbor, who has lived on the property for several decades, claims that they have always used a small portion of the land as their own personal garden. The other neighbor, who has only recently moved in, claims that they have the legal right to use the land as part of their own property.

Concluding Remarks 

The Principle Where equities are equal the first In time Prevail mean when two person have equal right on a single subject matter than time will be cosidered and the person who have prior right would be entitled.

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