Real Property - Law Dictionary Search Results
Covenant
the land. Implied covenants relate to covenants implied in the words or nature of the grant. The (English) Real Property Act, 1845 (8 & 9 Vict. c. 106), abolished the implications in words such as 'dedi,' concessi; but
concession
: something granted esp. as an inducement (as to enter into an agreement) c : a grant of real property esp. by a government in return for services or for a particular use (as settlement) d : a … a particular use (as settlement) d : a right to undertake a specified activity for profit on another's real property [a logging ] e : a lease that grants a right to engage in a profitable activity on
redeem
by payment of the amount secured thereby [ collateral] b : to exercise an equity of redemption in (real property) by payment in full of a mortgage debt after default but prior to a foreclosure becoming effective [a … 558 N.Y.S.2d 821 (1990)"] see also equity of redemption c : to exercise a right of redemption in (real property) within the period set by law by a repurchase that voids the effect of foreclosure or sale see
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Contingent remainder
contingent remainder. The interposition of trustees to preserve contingent remainders was rendered unnecessary in most cases by the Real Property Act, 1845 (8 & 9 Vict. c. 106), s. 8, which enacts 'that a contingent remain-der existing at … in such a case the estate given to the child of the unborn person is void, Williams on Real Property; and see, as to this second rule, Whitby v. Mitchell, (1890) 44 Ch D 85; Re Nash, (1910)
Executory devise
person. It is to be remarked that a remainder could only be limited in freehold estates. In personal property, under which both chattels real and chattels personal are included, there could not be a remainder in the … an executory devise, but a contingent remainder. Executory Devises have been divided into three kinds, two relative to real, and the third to personal estate only, viz.:- (1) Where a testator devises his whole fee-simple, but upon
Executor
76, and by Administration of Estates Act, 1925, s. 1, extending and amending the Land Transfer Act, 1897, real property devolves in the same manner as personal property, with some exceptions, e.g., an entailed interest not disposed of
Perpetuity
(1967) 1 SCR 293. Is a future limitation, whether executory or by way of remainders, and of either real or personal property which is not to vest until after the expiration of, or will not necessarily vest
real right
Matched in: Term real right
Money land
(English) Law of Property Act, 1925, an equitable interest may be created in personalty as well as in real property. (Sale of Property Act, 1930)
Uses
by deed if such was the testator s intent see the judgment of jessel m r in baker v white 1875 lr 20 eq 166 the practical advantages of the system subsequently to the statute were conveyances to
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