Perpetuity - Law Dictionary Search Results
Court of record
a court of record envelops all such powers whose acts and proceedings are to be enrolled in a perpetual memorial and testimony. A court of record is undoubtedly a superior court which is itself competent to determine
Contingent remainder
or shifting use or executory devise or other executory limitation. Contingent remainders are subject to the rule against perpetuities [Re Ashforth, (1905) 1 Ch 535]. Before the Act of 1877 (English) was passed the rules for the
Magna Carta
the statute 12 Car. 2, c. 24, simply embodied this wholesome law of the Commonwealth and rendered it perpetual. The statute of Charles II did away with the effect of the four next chapters of the Great
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Option of purchase in a lease
giving an option of purchase at any time during a ninety-nine years' lease offends against the law of perpetuities (see that title) and cannot be specifically enforced, Woodall v. Clifton, (1905) 2 Ch 257; Worthing Corporation v.
Peace, Bill of
Peace, Bill of. This equitable remedy sought repose from perpetual and needless litigation, and protection from a multiplicity of suits, either by establishing and perpetuating a right which
Possibility on a possibility
created by instruments coming into operation after 1925 by the Law of Property Act, 1925, s. 161 (see PERPETUITIES), that if land is limited to an unborn person for life, a remainder cannot be limited so as
Power
more objects are excluded, in certain cases. For ascertaining the date for the purpose of the rule against perpetuities, the date from which the period is taken is the date of the instrument conferring the power unless
Reading-in
Reading-in. The title of a person instituted or licensed to any benefice with cure of souls or perpetual curacy will be divested unless be publicly read in the church of the benefice, on the first Lord's-day
remote
time, or relation [ancestors of a more degree] b : exceeding the time allowed under the rule against perpetuities for the vesting of interests [the residuary clause…violates the rule against vesting "Estate of Grove, 70 Cal. App.
Land-tax
Act. The tax was annual until 1798, when by an Act of that year, the (English) Land Tax Perpetuation Act, 1798, it was made perpetual upon the basis of the valuation of 1689. The same Act provided
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