Remainder - Law Dictionary Search Results

Future estates

Future estates, expectancies, which are, at Common Law, of two kinds: reversions and remainders. If in land, these are now referred to as equitable interests by the L.P. Act, 1925, and are

of common and, possibly, easements; (2) certain heritable rights not necessarily connected with land, such as offices. Reversions, remainders, and executory interests and conditions have usually been classed as incorporeal hereditaments, but the classification is not satisfactory.

Honorary trustees

Honorary trustees, trustees to preserve contingent remainders, so called because they were bound, in honour only, to decide on the most proper and prudential course,

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Passive trust

a legal estate for life passive trusts, by settlements, were resorted to, and hence, trusts to preserve contingent remainders; and passive trusts were created in order to prevent dower. Where an active trust was created, without defining

Registration of title of land

over other minor interests, and as regards dealings effected after 1925 between assignees and incumbrancers of life interests, remainders, reversions and executory interests, priority is established by order of special priority cautions or inhibitions, noted in a

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 right of which is not

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