Executory Uses - Law Dictionary Search Results

contingent

contingent 1 : likely but not certain to happen compare executory 2 : intended for use in circumstances not completely foreseen [a fund] 3 : dependent on or conditioned

Heath, (1852) 15 Beav 408. In equity the Articles are considered as minutes of agreement and to create executory trusts, and the Court will give effect to the intention accordingly without strict or any regard to an

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Adverse possession

divestiture of all rights of transfer in the property and in case in which there is a mere executory agreement of transfer both parties contemplating a deed of transfer to be executed at a later point of

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 … donee will be kind to or remember, certain objects or classes, or the like; or where the donor uses such expressions as, 'trusting to the justice of his successors,' and it is to be inferred that it

contract

one states an inaccurately high price for the purpose of defrauding a lender into providing a larger loan executory contract : a contract that sets forth promises that are not yet performed express contract : a contract

Perpetuity

Prasad v. Ram Mohit Hazara, AIR 1967 SC 744: (1967) 1 SCR 293. Is a future limitation, whether executory or by way of remainders, and of either real or personal property which is not to vest until … if at all, within the period prescribed by the perpetuity rule. (3) Limitations in mortmain, and to charitable uses. Church property is not embraced by the law of perpetuity. (4) Perpetuities allowed or created by Act of

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,

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 … feoffment (at the Common Law), bargain and sale, covenant to stand seised, a release (under the Statute of Uses), or grant, which is the best mode of assurance, and which must be adopted, if the estate be

Lodger

as lands and tenements; in general, however, they are let either by agreement in writing or verbally. An executory verbal agreement may be void by the (English) Law of Property Act, 1925, s. 40; and see Edgev

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