Expectation Interest - Law Dictionary Search Results
regulatory taking
order to determine whether a regulatory taking is effected by a regulation, a court will consider the government's interest that is being furthered by the regulation, the breadth or specificity of the regulation, and the extent of … or specificity of the regulation, and the extent of the regulation's impact on the owner's property rights and expectations. The U.S. Supreme Court has held that an owner can bring an action for compensation when the taking
admission
inconsistent with his or her position at trial and that tends to establish guilt compare confession declaration against interest at declaration NOTE: Under the Federal Rules of Evidence an admission is not hearsay. Silence can sometimes be … admission is not hearsay. Silence can sometimes be construed as an admission where a person would reasonably be expected to speak up.
Reversionary
1867, reproduced by the L.P. Act, 1925, s. 174, not merely on the ground of under value. See EXPECTANT HEIR. … Reversionary, that which is to be enjoyed in reversion. Unconscionable bargains for the sale of reversionary interests may be set aside, but by the Sale of Reversions Act, 1867, reproduced by the L.P. Act, 1925,
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Assessment of damages
and trial. The multiplicand is multiplied by the number of years which have elapsed between those two decades. Interest at one half of the short-term investment rule is also awarded on that multiplicand. The second party's damages … onwards from that period, the number of years which have based on the number of years that the expectancy would probably have lasted: central to that calculation is the probable length of the deceased's working life at
use
and profits of property beneficial use : the use of a cestui que use analogous to a beneficial interest in a trust : use re·sult·ing use : a use that equity attributes back to a grantor when … use is fair and reasonable and does not substantially impair the value of the work or the profits expected from it by its owner ;also : the privilege of making a fair use of copyrighted work NOTE:
Tail after possibility of issue extinct, Tenant in
be entailed upon a man and his issue from a particular wife, if she die without issue, the interest of the husband becomes reduced to a tenancy-in-tail after possibility of issue extinct. Only a donee in tail-special … waste. (2) The estate is liable to forfeiture. (3) It will merge in a fee-simple of fee-tail, immediately expectant thereon. (4) The reversioner or remainder-man shall be received upon the tenant's default. (5) The tenant has the
Voluntary conveyance
at the time without the aid of such money or property, or unless themoney or property was an expectation from a person named in the agreement and was paid or transferred within three months after coming into … settle future property on persons within that consideration if, as regards the future property, the settlor had no interest in it at the time, or if either the money or property was not money or property in
Release
coparcener conveys his estate to his coparcener, or where one of more than two joint tenants conveys his interest to one or more but not all of the others so as to sever that share. It also … seigniorial rights to his tenant, or a life tenant having conveyed a greater estate than he owns, the expectant releasing his right to the tenant's grantee. A release of all demands extinguishes all actions and titles, and
Anticipation
Act, 1925, s. 169, repeating and extending the Conveyancing Act,1911, s. 7, empowers the Court to bind the interest of a married woman, notwithstanding that she is so restrained. And see Trustee Act, 1925, s. 62, and … powers conferred at any time; but see Trustee Act, 1925, s. 33, and RESTRAINT UPON ALIENATION. Mean to expect, to feel beforehand, to make happen earlier than due; Webster Law Dictionary, p. 63. In House of Commons,
Fee
land capable of being conveyed or created at law. All other estates in land take effect as equitable interests [ibid., s. 1 (4)]. See FEE-SIMPLE. A charge for labour or services esp. professional services; Black's Law Dictionary,
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