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Covenant

implied covenants which touch and concernthe land and do not create an active personal obligation in connection with the land. Implied

contract

1 : an agreement between two or more parties that creates in each party a duty to do or not do

trust

of the res to the trustee with the intent to create a trust. Not all relationships labeled as trusts have all

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Reversionary lease

after the expiration of a former lease. It did not create any term or estate, but only an interesse termini (see

Remainder

as equitable interests, and in that manner they can be created in respect of personality as well as realty. The follow-ing

Uses

or it might be a special trust unlawful, which was created for fradulent purposes, so as to defraud creditors, to defeat

unity

Conveying the interests of the cotenants at the same time creates the unity of time. Conveying the interests of the cotenants

Estate

which are capable of subsisting or of being conveyed or created at law are: (a) an estate in fee simple absolute

Contingent remainder

the 31st day of December, 1844, shall be, and, if created before the passing of this Act, shall be deemed to

lien

the satisfaction of a debt or other duty that is created by agreement of the parties or esp. by operation of

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