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Devisable - Law Dictionary Search Results

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Uses

particular descent of uses. This is an illustration of the well-known maxim, 'quitas sequitur legem. (2) They were devisable even before the Statute of Wills, 32 Hen. 8, c. 1. (3) They were transferable, although at law

abate

[the legacies abated proportionately] NOTE: A problem arises in estate law when the amount of the bequests and devises made in a will exceeds the assets available in the estate. In such a case, some or all

Lapse

of all the benefices in the realm. (2) A device or legacy is said to lapse when the devisee or legatee dies before the testator. In such case the devise or legacy falls into the residuary real

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Residuary devisee

Residuary devisee, the person named in a will who is to take all the real property remaining over and above

Remainder

by operation of law, but is always crated by act of parties. it may be granted over, charged, devised, or barred by a prior tenant in tail. Mr. Burton (Comp. Pl. 28) thus indicates the difference between

Springing use

vivos are good, apart from the Statute of Uses if made by will at Common Law as executory devises, but apart from statute (see CONTINGENT REMAIN-DERS), executory devises like springing or shifting uses are not so construed

Trust

upon a will unless by a testamentary or codicillary paper executed with the statutory formalities, but if a devise or bequest of the legal estate be accompanied with any mala fides in the devisee or legatee, as

Joint-tenancy

freehold in joint-tenants was so entire that they could not grant, nor bargain and sell, nor surrender or devise to each other, much less exchange with or enfeoff one another; the proper mode of assurance from one

Charitable uses and trusts

upon the foundations thereof; and various Acts of Parliament passed from time to time have also specially exempted devises of lands or moneys charged thereon to the trustees of the British Museum for the benefit of that

Money land

to be invested in land, has, inequity, many of the qualities of real estate, and is descendible and devisable as such according to the rules of inheritance in other cases, and this upon the ground that equity

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