Executory Uses - Law Dictionary Search Results
Executory uses
Executory uses, springing uses, which conferred a legal title answering to an
Shifting use
Shifting use, a secondary or executory use, which, when executed, operates in derogation of a preceding
Springing use
use, a form of use in the nature of an executory interest directing property inland to vest at a future period … it may operate as a shifting use. Springing and shifting uses were resorted to in order to facilitate freedom of grant
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Remainder
are of three kinds:-(1) vested of executed; (2) contingent or executory; and (3) cross. The seven following rules affecting the remainders … conditional limitation, in wills and conveyances under the Statute of Uses. A remainder is to commence when the particular estate is,
interest
equitable relief [claimed an equitable interest in the debtor's assets] executory interest : a future interest other than a remainder or
Uses
which were either- (1) Resulting; (2) Implied. II. Future or executory, distributable into: (a) Shifting or secondary; (b) Springing; (c) Contingent. … Uses (History). A use is the intention or purpose, express or
Contingent remainder
originally been created as a springing or shifting use or executory devise or other executory limitation. Contingent remainders are subject to
Executed trust
Trusts, 335 and see EQUITABLE ESTATE. As all trusts are executory in this sense, that the trustee is bound to dispose … the trust which they do not legally import, 1 Sand. Uses and Trusts, 335 and see EQUITABLE ESTATE. As all trusts
accord
usually used in the phrase accord and satisfaction; called also executory accord compare composition, compromise, novation, satisfaction substituted contract at contract,
Vested in interest
fixed right of future enjoyment, as reversions, vested remainders, such executory devises, future uses, conditional limitations, and other future interests, the
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