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Remainder

particular estate. After 1925 remainders can operate only as equitable interests, and in that manner they can be created in respect of personality as well as realty. The follow-ing explanation of legal remainders has been retained as

easement

land and are therefore passed when the property is transferred. easement by estoppel : an easement that is created when the conduct of the owner of land leads another to reasonably believe that he or she has

unity

required to be present for a joint tenancy. Conveying the interests of the cotenants at the same time creates the unity of time. Conveying the interests of the cotenants in the same instrument creates the unity of

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Contingent remainder

'that a contingent remain-der existing at anytime after the 31st day of December, 1844, shall be, and, if created before the passing of this Act, shall be deemed to have been capable of taking effect, notwithstanding the

Estate

in land (see definition, s. 205 (ix.), ibid.) which are capable of subsisting or of being conveyed or created at law are: (a) an estate in fee simple absolute in possession; (b) a term of years absolute

Uses

by the feoffor. The indication might be lawful or it might be a special trust unlawful, which was created for fradulent purposes, so as to defraud creditors, to defeat the Statute of Mortmain, and the like. If

lien

: a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the parties or esp. by operation of law ;specif : a security interest created esp.

Instrument

186]; also an engine. Includes every document by which any right or liability is, or purports to be, created, transferred, modified, limited, extended, suspended, extinguished or recorded. [Notaries Act, 1952 (53 of 1952), s. 2 (b)] Includes

Way

sovereign and all his subjects, and it is commonly called the king's public highway; and the turnpike roads, created and regulated by specific Acts of Parliament, have now for many years become ordinary highways. See TURNPIKE-ROADS. Highways

Trust for sale

2 Ch 181. The (English) Law of Property Act, 1925, provides, in regard to all trusts for sale created or arising before or after 1926, for the duration or prolongation of the powers of sale until sale

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