Executory Consideration - Law Dictionary Search Results
Home Dictionary Name: executory considerationExecutory consideration
executory consideration a consideration which is to be performed after the … be performed after the contract for which it is a consideration is made see consideration
Consideration
been completed before the corresponding promise has been performed 2nd executory or something to be done after the promise 3rd concurrent … it is open to the grantor to prove that the consideration was merely nominal the consideration of marriage covers all beneficiaries
Specific performance
d the contract must be entered into for a valuable executory consideration such as marriage or money and not for a … how meritorious soever it may be e while a valuable consideration exists on the one side there must be a promise
Executed consideration
event of his bailing his servant the consideration is then executory with respect to an executed consideration the rule is that … the consideration is then executory with respect to an executed consideration the rule is that if it were not at the
Immoral contracts
specialty see contract and has not been made for an executory consideration of an illegal nature a covenant to pay money … of an illegal nature a covenant to pay money in consideration of future cohabitation is void though under seal ayerst v
Executory devise
all remainders executory devises and conditional limitations dependent thereupon see executory limitation and contingent remainder
Executory limitation
include executory interests in any property and apply to all executory limitations in any instrument coming into operation after 1882 except
executory limitation
executory limitation a limitation that creates an executory interest a fee
executory contract or lease
executory contract or lease generally includes contracts or leases under which
Executory trusts
conveyance the trusts declared by them are said to be executory or imperfect because they require an ulterior act to raise … ulterior act to raise and perfect them they are rather considered as instructions for settlements than as instruments in themselves complete
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