Fee Simple Subject To Condition Subsequent - Law Dictionary Search Results
fee simple subject to condition subsequent
Matched in: Term fee simple subject to condition subsequent
fee simple
Matched in: Term fee simple
fee
Matched in: Term fee
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Fee-simple
Matched in: Term Fee-simple
Estate
capable of being the subject of many estates existing concurrently with each other, thus the absolute ownership or fee simple may be leased and sub-leased, mortgaged and charged, each of the holders of these estates having a good … condition implied. (b) Estates uponcondition expressed, and these are either precedent, or subsequent; (a) precedent, which must be performed before an estate can vest or … Estate [fr. status, Lat.; etat, Fr.], the condition and circumstance in which an owner stands with regard to his property. The word is used in several
Uses
for treason or felony. In fact, he was treated at Common Law as the absolute tenant of the fee. (8) A use, being but the creature of equity, could not have been taken in execution for the … of the people of the locality. It soon became evident that the simple rules of the Common Law were stumbling-blocks to the complicated wants of … never published by any record or delivery, whereby the purchaser could know of them. 'Sixthly. Uses were not subject to the payment of debts. 'Seventhly. Many lost their rights by perjury in averment of secret uses. 'Eightly. Uses … in possession: but an abridgment of the particular estate, upon a certain condition, could be effected by a conveyance to uses, so as to accelerate … Eq 166. The practical advantages of the system, subsequently to the statute, were: Conveyances to uses legalized
Mortgage
before 1925, and for the effect of the powers of a mortgagee upon sale or foreclosure, over the fee simple or term remaining in the mortgagor and against subsequent incumbrancers, see ss. 88 and 89. A mortgagee, however, … of the Law of Property Act, 1925, operates as a surrender, reconveyance or transfer of the mortgaged property subject to prior incumbrances (if any). The provisions of s. 115 should be strictly attended to, especially sub-ss. (1) and … creation of an interest in property, defeasible (i.e., annullable) upon performing the condition of paying a given sum of money, with interest thereon, at a
Registration of title of land
without onerous formalities do not affect such purchasers; (c) the method of conveyance or charge is simple; (d) subject to the statutory provisions, registration guarantees the title to purchasers for value and mortgagees. It should be observed that … mapping and indexing, which has been brought to great perfection at the registry. For the practice and procedure fees and legal charges at the Land Registry, consult Fortescue-Brickdale and Steward-Wallace on the Land Registration Act, 1925. … registrar may change the possessory in to absolute title under the statutory conditions if the land was registered before the 1st January, 1926, or, if … from him all the advantages of registration in respect of matters arising subsequently to registration, and further, under s. 77, the registrar may change the
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