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fee

to Old High German fehu cattle] 1 : an inheritable freehold estate in real property ;esp : fee simple compare leasehold life estate at estate absolute fee : a fee granted with no restrictions or limitations on

Tail

Act, 1833, entitled 'An Act for the Abolition of Fines and Recoveries, and for the Substitution of more Simple Modes of Assurance,' which received the royal assent August 28, 1833, and has not been repealed by the

Consideration

nature of the transaction and in the absence of consideration the Courts will, except in the case of simple contract, accept other evidence from which intention will be inferred. A simple contract, that is to say, a

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Recovery

Recovery, the obtaining a thing by judgment or trial. The regaining or restoration of something lost or taken away, Black's Law Dictionary, 7th Edn., p. 1280. A true recovery is an actual or real recovery of...

Base fee

as conditional freeholds of inheritance. In a more special sense, a base fee was until 1926 a fee simple determinable on the failure of issue of an original donee of the estate in tail. It was limited

Law of Property Act, 1925 (English)

important change was the abolition of all legal estates or tenures in land, except an estate in fee simple in possession, and a term of years absolute in or in certain incorporeal hereditaments arising out of annexed

Estate

of being the subject of many estates existing concurrently with each other, thus the absolute ownership or fee simple may be leased and sub-leased, mortgaged and charged, each of the holders of these estates having a good

Uses

performed openly and in the presence of the people of the locality. It soon became evident that the simple rules of the Common Law were stumbling-blocks to the complicated wants of an enterprising people. Hence ingenuity was

Shelley's case, Rule in

Shelley's case, Rule in. intimately connected with the quantity of estate which a tenant may hold in realty, is the antique feudal doctrine generally known as the rule in Shelley's Case, which is reported by Lord...

Settled land

trust for sale [(English) L.P. Act, 1925, s. 2], but the owner may also convey the legal estate simply as owner in fee or of the term subject to the charge. [(English) L.P. Amend. Act, 1926] By

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