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Executory Interest - Law Dictionary Search Results

Home Dictionary Name: executory interest

executory interest

executory interest see interestexecutory interest see interest


interest

interest or one created simultaneously note unlike a remainder an executory interest does not require the expiration of a prior interest … gambling or as a method of profiting from destruction legal interest an interest that is recognized in law as by legal


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 a limitation of a future interest by deed or will if by will it is also


executory limitation

a fee simple subject to an executory limitation see also executory interest at interest … subject to an executory limitation see also executory interest at interest


Executory devise

limited on a certain or an uncertain event is an executory bequest and falls under the rules by which that mode … in land under executory devises have been changed to equitable interests by the english l p act 1925 s 1 and


Remainder

of three kinds 1 vested of executed 2 contingent or executory and 3 cross the seven following rules affecting the remainders … act 1925 s 4 as to the construction of equitable interests a remainder may be limited in all freehold estates but


Springing use

by the law of property act 1925 which also converted executory as well as all other future interests in land in … a form of use in the nature of an executory interest directing property inland to vest at a future period which


Registration of title of land

between assignees and incumbrancers of life interests remainders reversions and executory interests priority is established by order of special priority cautions … riding interests see below notwithstand ing registration all estates and interests in land which come under the description of legal estates


Executory uses

springing uses which conferred a legal title answering to an executory devise as when a limitation to the use of a … limitations can only be created and take effect as equitable interests law of properties act 1925 s 4


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 … if a should have no son then to b these interests considered in conjunction with those for which they are substitutionary


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