Executory Interest - Law Dictionary Search Results
executory limitation
Matched in: Term executory limitation
Tail
as those by which before 1926 a similar estate-tail could have been created by deed not being an executory instrument in freehold land [see s. 60 (4) (b) and (c) of the (English) L.P. Act, 1925, reproducing … [fr. tailler, Fr., to prune]. An estate-tail was formerly a freehold of inheritance and is now an equitable interest which may be created after 1925 in respect of personalty as well as realty by way of trust
Registration of title of land
interests, and as regards dealings effected after 1925 between assignees and incumbrancers of life interests, remainders, reversions and executory interests, priority is established by order of special priority cautions or inhibitions, noted in a 'Minor Interests Index,' … not guaranteed unless separately registered. All registered land, irrespectively of the nature of title, remains subject to 'over-riding interests.' See below, notwithstand-ing registration. All estates and interests in land which come under the description of 'legal estates'
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Contingency with a double aspect
Contingency with a double aspect, is a kind of executory interest which maybe termed an alternative interest. This is an 'interest that is only to vest in case the
destructibility of contingent remainders
a contingent remainder that fails to vest upon the termination of the preceding estate is destroyed see also executory interest at interest
rule in Shelley's case
to the heirs that was created in the same instrument as that creating the life estate see also executory interest at interest
Real Property Act, 1845
years or more (see FRAUD), and all assignments and surrenders of leases must be by deed. A contingent executory and future interest in land and a possibility coupled with an interest in land, and a right of
Hereditaments
and, possibly, easements; (2) certain heritable rights not necessarily connected with land, such as offices. Reversions, remainders, and executory interests and conditions have usually been classed as incorporeal hereditaments, but the classification is not satisfactory. Incorporeal hereditaments … possibly, easements; (2) certain heritable rights not necessarily connected with land, such as offices. Reversions, remainders, and executory interests and conditions have usually been classed as incorporeal hereditaments, but the classification is not satisfactory. Incorporeal hereditaments may
Executory uses
Matched in: Term Executory uses
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 … in equity, to the beneficial enjoyment of property to which another person holds the legal title; a property interest held by one person (trustee) at the request of another (the settlor) for the benefit of a third
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