Contingent Interest - Law Dictionary Search Results
contingent interest
Matched in: Term contingent interest
Contingency with a double aspect
Contingency with a double aspect, is a kind of executory interest which maybe termed an alternative interest. This is
Executory estates
Executory estates, interests which depend for their enjoyment on some subsequent event or contingency. These ae assignable by the (English) L.P. Act, 1925, s. 4 (2), re-enacting the (English) Real Property Act, … Executory estates, interests which depend for their enjoyment on some subsequent event or contingency. These ae assignable by the (English) L.P.
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Remainder
as in former, case is called the particular estate.' Remainders are of three kinds:-(1) vested of executed; (2) contingent or executory; and (3) cross. The seven following rules affecting the remainders should be observed:- (1) There must … Remainder [fr. remanentia, Lat.], that expectant portion, remnant, or residue of interest which, on the creation of a particular estate, is at the same time limited over to another, who
interest
Matched in: Term interest
Executory devise
would be void; for wherever a future interest is so limited by devise as to operate as a contingent remainder, such an interest is not an executory devise, but a contingent remainder. Executory Devises have been divided
Contingent remainder
Matched in: Term Contingent remainder
Contingent legacy
Matched in: Term Contingent legacy
Contingent
Matched in: Term Contingent
Springing use
legal estate was conferred upon A. attaining that age by virtue of the statute. The use may be contingent as in that case, or vested, as grant to B. to the use of A. in fee upon … Springing use, a form of use in the nature of an executory interest directing property inland to vest at a future period which does not coincide with the termination of a
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