Expectation Interest - Law Dictionary Search Results
Curtesy of England
an estate which by favour of the law of England arises by act of law, and is that interest which a husband has for his life in his wife's fee-simple or fee-tail estates, generalor special, aftr her … (1881) 17 Ch D 115. (3) The wife's estate must have been in possession and not in reversion expectant on a life estate or othr freehold estate. 2 Black. Comm. 127. (4) Birht of issue, alive and
Perpetuity
not by the instrument exercising it. The following limitations are exempt from the per-petuity rule:- (1) A limitation expectant upon an entail, for it can be destroyed by barring the entail; but should the entail be preceded … not necessarily vest within the period fixed and prescribed by law for the creation of future estates and interests, Walsh v. Secretary of State for India, (1863) 10 HLC 367. Perpetuity, unlimited duration; exemption from intermission or
Uses
estate, upon a certain condition, could be effected by a conveyance to uses, so as to accelerate the expectant estate into possession. The Statute of Uses has been repealed by the (English) Law of Property Act, 1925 … this statute was the total destruction of the use, by effecting an amalgamation of the legal and equitable interests; but this object, if it existed, has failed owing to the equitable jurisdiction of the Courts of Chancery
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Tail
[fr. tailler, Fr., to prune]. An estate-tail was formerly a freehold of inheritance and is now an equitable interest which may be created after 1925 in respect of personalty as well as realty by way of trust … the protector is to grant or withhold his consent, which is required to enable a tenant-in-tail in remainder, expectant on an estate of free-hold, to bar as well his own issue as also those in remainder, to
Fraud
SC 1555: (1992) 1 SCC 534. Fraud is meant an intention to deceive, whether it is from any expectation of advantage to the party himself or form the ill towards the other is immaterial. The expression fraud … their tendency to deceive or mislead, or to violate public or private confidence, or to injure the public interests, are equally reprehensi-ble with positive fraud, and therefore equally prohibited. Thus, to prevent injustice and shut out inducement
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