Executory Remainder - Law Dictionary Search Results
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, … Vested in 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
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,' … over other minor 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
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 … of common 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.
Keep your definitions linked to case research
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 … common-law rule that converted a life estate of an ancestor into an estate in fee and destroyed the remainder to the heirs that was created in the same instrument as that creating the life estate see also
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
Uses
considerations. (b) Those arising by act of law, which were either- (1) Resulting; (2) Implied. II. Future or executory, distributable into: (a) Shifting or secondary; (b) Springing; (c) Contingent. See TRUSTS. Objections to uses before the Statute:- … 1, gave him power to alien what he had; yet the feoffees may still enter to re-vest a remainder or contingent use, which was never published by any record or delivery, whereby the purchaser could know of
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 … over to a third person on default of such descendants, when it vests in such third person or remainder-man. Before 1926, in order to create an estate-tail by deed, the word 'heir' or 'heirs' must be used,
trust
by the trustee but preserve the property and execute the purpose of the trust to benefit the beneficiaries executory trust : a trust in which the settlor or trustee has duties to perform (as securing the property, … which property is transferred to the trust as a source of support for a divorced spouse with a remainder to someone else bank account trust : totten trust in this entry business trust : a trust that
Passive trust
estate to be taken by the trustee, the courts endeavoured in the case of devises by will land executory contracts to give by construction the quantity originally requisite to satisfy the trust in every event, although the … a legal estate for life passive trusts, by settlements, were resorted to, and hence, trusts to preserve contingent remainders; and passive trusts were created in order to prevent dower. Where an active trust was created, without defining
Settled land
of 1882, as exten-ded by s. 20, 1925, such as tenants in tail, tenants in fee-simple subject to executory limitations over, and more particularly to an estate owner of land subject to family charges, and a married … enabled tenants for life, without application to any court, to make certain leases binding on the parties in remainder. The Settled Estates Act, 1877 (40 & 41 Vict. c. 18), consolidated these Acts, with some amendments. The
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