Operance - Law Dictionary Search Results
Remainder
the determination of such particular estate. After 1925 remainders can operate only as equitable interests, and in that manner they can
Release
a remainder, or reversion to one already in possession, the operative verb in which is 'release'; hence the name. It operates
Possibility on a possibility
limitations and trusts of realty created by instruments coming into operation before 1926, but abolished in regard to those created by
Keep your definitions linked to case research
Plant
or business; the apparatus or equipment for a certain mechanical operation or process, Steel City Beverages Ltd. v. State of Bihar,
Merger
which must vest in the same person. Merger, however, will operate between three or more estates, as well as between two.
Limitation of actions and prosecutions
verbal acknowledgment of a debt is sufficient to prevent the operation of the statutes, Benest v. Pipon, (1829) Knapp's Rep 60.
Law
but a pragmatic instrument of social order. It is an operational art controlling economic life, and interpretative effort must be imbued
Lease
payment of a rent or other annual recompense. The ancient operative words were 'demise, lease, and to farm let,' or 'demise
Executory limitation
executory limitations of land contained in an instrument coming into operation after 1st January, 1883, by the enactment: 'Where there is
Control
Control, the word 'control' suggests check, restraint or influence. Control is intended to regulate and hold in check a restrain...
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