Executory Devise - Law Dictionary Search Results
Executory devise
Matched in: Term Executory devise
executory devise
Matched in: Term executory devise
Remainder
created after the 2nd August, 1877, which would have been valid as a springing or shifting use or executory devise or other limitation had it not had a sufficient estate to support it as a contingent remainder should … it as a contingent remainder should be capable of taking effect as a springing or shifting use or executory devise or limitation. the Act of 1877 was repealed by the (English) Law of Property (Amendment) Act, 1924, 10th
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Springing use
well as all other future interests in land in to equitable interests, and even before 1926, where the executory devise, shifting or springing use, or contingent remainder did not operate to create a legal estate but only an
Trust
thus:- (I.) Express, or defined by words; divided into- (a) Trusts executed, perfect, complete, or constituted. (b) Trusts executory, imperfect, incomplete, or directory. (II.) Arising by operation of law, such as (a) Constructive, which arise when property … 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
Executory limitation
Matched in: Term Executory limitation
Contingent remainder
all respects as if the contingent remainder had originally been created as a springing or shifting use or executory devise or other executory limitation. Contingent remainders are subject to the rule against perpetuities [Re Ashforth, (1905) 1 Ch
Executory uses
Matched in: Term Executory uses
Terms for years
be limited in succession or by way of remainder except by way of trust or by will as executory devises and an estate tail could not be limited in a term at all. It vested in the … limited in succession or by way of remainder except by way of trust or by will as executory devises and an estate tail could not be limited in a term at all. It vested in the first
Vested in interest
interest, a legal term applied to a present fixed right of future enjoyment, as reversions, vested remainders, such executory devises, future uses, conditional limitations, and other future interests, the present right of which is not referred to, … a legal term applied to a present fixed right of future enjoyment, as reversions, vested remainders, such executory devises, future uses, conditional limitations, and other future interests, the present right of which is not referred to, or
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