Conditional Limitation - Law Dictionary Search Results
Vested in interest
applied to a present fixed right of future enjoyment, as reversions, vested remainders, such executory devises, future uses, conditional limitations, and other future interests, the present right of which is not referred to, or made to depend … to a present fixed right of future enjoyment, as reversions, vested remainders, such executory devises, future uses, conditional limitations, and other future interests, the present right of which is not referred to, or made to depend on,
Pawn or Pledge
the Common Law distinguishable from a mere pledge or pawn. By a mortgage the whole legal title passes conditionally to the mortgagee; and if the goods be not redeemed at the stipulated time, the title becomes absolute … thing itself is pledged, but also, as accessory, the natural increase thereof. If the pledgor have only a limited title to the thing, as for life or for years, he may still pawn it to the extent
Condition
in a contract for sale of land where, unless otherwise agreed, the payment of the purchase money is conditional upon the conveyance and vice versa. Conditions may be imposed by the parties, either expressly or by necessary … connection with personal obligations to distinguish one kind of obligation from another in the same transaction and to limit property. In their primary meaning, conditions precedent are events, but for the happening of which, rights will not
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Tail
the curtesy if the Law of Property Act, 1925, had not been passed [s. 130 (4) (ibid.)] The limitation of an estate so that it can be inherited only by the fee owner's issue or class of … 4, c. 74); but the entail of offices or dignities cannot be barred. Before the statute De Donis Conditionalibus, the donee could, after issue born, have alienated the land, whereby the issue would have been disinherited and
Fee-simple
a legal or equitable right of re-entry. All other estates over land which are determinable by limitation or condition have become equitable interests. [(English) L.P. Act, 1925, 1st Sched., Part I.]
fee
: a fee granted with no restrictions or limitations on alienability : fee simple absolute at fee simple conditional fee : a fee that is subject to a condition: as a : fee simple conditional at fee … fee simple compare leasehold life estate at estate absolute fee : a fee granted with no restrictions or limitations on alienability : fee simple absolute at fee simple conditional fee : a fee that is subject to
Contingent remainder
them, it vests in them as a vested remainder for the life of A. On this ground, the limitation (usual in old settlements) to trustees 'for preserving contingent remainders' was held to confer on then a vested … Contingent remainder, a remainder limited so as to depend on an event or condition which may never happen or be performed, or which may not happen or be performed till after the
Permitted use
time being; and (c) for which he is registered as registered user; and (d) which complies with any conditions or limitations to which the registration of registered user is subject; or (ii) by a person other than … and (c) for which he is registered as registered user; and (d) which complies with any conditions or limitations to which the registration of registered user is subject; or (ii) by a person other than the registered
Limitation
Matched in: Term Limitation
Defeasance (defeasance)
deed which created the estate to be defeated; it must be of a thing defeasible, and all the conditions must be strictly performed before the defeazance can be consummated. So long as it was the law that … Sm. L. C.], a defeazane was frequently adopted in order to revive the condition, and so virtually to limit the license to the particular assignment, but the (English) Law of Property Amendment Act, 1859 (22 & 23
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