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Enabling powers |
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ENABLING POWERS. A term used in equity. When the donor of a power, who is the owner of the estate, confers upon persons not seised of the fee, the right of creating interests to take effect out of it, which could not be done by the donee of the power, unless by such authority; this is called an enabling power. 2 Bouv. Inst. n. 1928. |
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IMX Exchange uses the enabling powers of the Internet to bring together mortgage lenders and brokers in a manner that is far more efficient and 'friction-free' than traditional means," said John Hummer, president and CEO, IMX Exchange. |
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Enabling powers
