Future Estates - Law Dictionary Search Results
remainder
at the same time and by the same instrument compare future interest at interest, reversion charitable remainder : a remainder in … [Anglo-French, from Old French remaindre to remain] 1 : an estate in property in favor of one other than the grantor
use
in derogation of some estate upon the happening of a future event spring·ing use : a use that arises upon the … that is transferred or takes effect in derogation of some estate upon the happening of a future event spring·ing use :
reversion
law upon termination of the lesser estate b : the future interest in property left in a grantor or his or … revertere to turn back] 1 : the returning of an estate upon its termination to the former owner or to his
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Interest
a term or chattel real and more particularly for a future termed or, in pleading, interesse termini. Ex vi termini, it … in pleading, interesse termini. Ex vi termini, it extended to estates, rights and titles that a man hath of, in, to
Gift
L.P. Act, 1925, s. 175, specific gifts, whether contingent or future, by will coming into operation after 1925, carry the intermediate … it as a conveyance applicable to the creation of an estate-tail; while a feoffment they strictly confine to the creation of
Executory
deceased; whatever may be executed. Taking full effect at a future time, Black's Law Dictionary, 7th Edn., p. 592. … Executory, performing official duties; contingent; also personal estate of a deceased; whatever may be executed. Taking full effect
Articles
a memorandum or minute of an agreement to make some future disposition or modification of property. Such an instrument will create … property. Such an instrument will create a trust or equitable estate, and a specific performance of it will be decreed inequity.
vest
a person a fixed and immediate right of present or future enjoyment of (as an estate) [an interest ed in the … immediate right of present or future enjoyment of (as an estate) [an interest ed in the beneficiary] b : to grant
interest
[a beneficial interest in the trust] contingent interest : a future interest whose vesting is dependent upon the occurrence or nonoccurrence … ability to affect the property beyond that term compare life estate at estate possessory interest : an interest (as a right)
Property
money, whether secured or unsecured, (iv) receivable, whether existing or future; (v) intangible assets, being know-how, patent, copyright, trade mark, licence, … which does not depend on another's courtesy. It includes ownership, estates and interest in corporeal things, and also rights such as
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