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Escheat

Escheat [eschet or echet, formed from the word eschoir or echoir, Fr., to happen], a species of reversion; it is a fruit of seigniory, the Crown or lord of the fee, from whom or from whose

Base fee

example of such an estate is when a tenant-in-tail, not being himself entitled to the immediate remainder or reversion in fee, conveys without the consent of the protectors of the settlement; he then transfers a base-fee, determinable

Accessorium non ducit, sed sequitur suum principale

suum principale [Lat.], The accessory right does not lead, but follows its principal. Rent is incident to the reversion, and by a grant of the reversion the rent will pass: Law of Property Act, 1925, s. 141

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Reversionary

Of or pertaining to a reversion involving a reversion to be enjoyed in succession or after the termination of a particular estate as a

reverter

reverter to return, from Old French revertir to return, revert, from Latin revertere to turn back] 1 : reversion 2 : possibility of reverter NOTE: Although reversion and possibility of reverter or reverter are sometimes used synonymously,

Mortgage

the mortgagor. Mortgages of a legal term were converted into mortgages less a few days, leaving the leasehold reversion in the mortgagor, the term of each subsequent then existing mortgage in either case being for a day

Real Property Act, 1845

a right of entry whether immediate, future, vested, or contingent, may be disposed of by deed. When the reversion on a lease is gone by surrender or merger, the next estate is to be deemed the reversion--(so

Particular tenants, Alienation by

estate that the law entitled them to make a forfeiture ensued to the person in immediate remainder or reversion. As if a tenant for his own life alienated by feoffment for the life of another or in

Reduction in rank

has an obvious reference to different grades in service. Whenever there is a reduction in rank it implies reversion from a higher post to a lower post. Reversion from a higher post to a lower post may

Term of years absolute

(English) Law of Property Act, 1925, s. 205 (1) (xxvii.), as a term of years in possession or reversion whether or not at a rent with or without impeachment for waste, subject or not to another legal

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