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Expectancy Interest - Law Dictionary Search Results

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expectancy interest

Matched in: Term expectancy interest

expectation interest

Matched in: Term expectation interest

Expectant estates

Expectant estates, interests to come into possession and be enjoyed in futuro; they are of two sorts at Common … Expectant estates, interests to come into possession and be enjoyed in futuro; they are of two sorts at Common Law-reversions and

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Expectant heir

the (English) L.P. Act, 1925, s. 174, providing that no bona fide purchase of a reversion (including an expectancy or possibility) shall be set aside 'merely on the ground of undervalue,' leaves unaffected the jurisdiction of Courts … which the expectant heir can offer, and from the pressing character of his immediate necessities, the rate of interest is necessarily higher than that upon an ordinary loan, and is frequently very much higher than the risk

Property

in action and any interest in real or personal property. There must be a definite interest, a mere expectancy as distinguished from a conditional interest is not a subject of property. Consult Williams on Real Property; Williams

interest

Matched in: Term interest

Personally interested

Personally interested, does not imply merely intellectual interest but something of the nature of an expectation of advantage to be gained, or of a loss or some disadvantage to be avoided by one who

Remainder

Remainder [fr. remanentia, Lat.], that expectant portion, remnant, or residue of interest which, on the creation of a particular estate, is at the same

Recovery

charges sub-ordinate to the entail. But incumbrances on the estate-tail equally affected such fee-simple, and any estate or interest prior to the entail remained undisturbed. This assurance consisted of two parts: (1) The recovery itself, which was … in possession enlarged his estate-tail into a fee-simple and so barred the entail, and all remainders and reversions expectant there-on, with all conditions and collateral limitations annexed to them, and subsequent charges sub-ordinate to the entail. But

Insurance

Act renders void any policy of marine insurance in which the insured has not an 'insurable interest,' or expectation of such interest, as being in the nature of gaming or wagering. (English) The Marine Insurance Act, 1745,

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