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Executory devise

devise. Mr. Fearne (Cont. Rem. 386) defines an executory devise to be, strictly, such a limitation of a future estate or interest in lands or chattels (though, in the case of chattels personal, it is more properly

Quia timet

Quia timet, is the right to be protected against anticipated future injury that cannot be prevented by the present action. The doctrine of 'quia timet' permits equitable relief based

Uses

By certain considerations. (b) Those arising by act of law, which were either- (1) Resulting; (2) Implied. II. Future or executory, distributable into: (a) Shifting or secondary; (b) Springing; (c) Contingent. See TRUSTS. Objections to uses before

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Shall

the use of 'shall' to expression of the will of the parties as actions, forbearance, etc., in the future in pursuance to the documents. This is a draftsman practice, he will find that his language seems to

Voluntary conveyance

the trustee of the settlement at that time. (2) Any agreement in consideration of marriage to make a future payment to or to settle future property on persons within that consideration if, as regards the future property,

Vested in interest

Vested in interest, a legal term applied to a present fixed right of future enjoyment, as reversions, vested remainders, such executory devises, future uses, conditional limitations, and other future interests, the present

Executed contract

delivered, and payment therefor is made on the spot. a contract is said to be executory where some future act is to be done, as where an agreement is made to build a house in six months,

Reserve and provision

the dictionaries (both Oxford and Webster) the applicable primary meaning of the word 'reserve' is: 'to keep for future use or enjoyment; to set apart for some propose or end in view; to keep in store for

Contract

an article is sold and delivered, and payment for it is made on the spot; executory, where some future act is to be done; as where an agreement is made to build a house in six months,

reserve

because it was not an issue in the case] n 1 : something stored or kept available for future use [an energy company with various unproven oil s] 2 : an act of reserving 3 : money

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