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Trust for sale

v. Smithson, (1780) 1 Bro CC 503. Another and more practical consequence was that the whole estate was vested as a rule in the trustees so that with or without consent of any other person as directed

accelerate

full is due immediately see also acceleration clause b : to cause (a future interest in property) to vest by removing the preceding interests (as by failure or premature termination) vi : to enforce an acceleration clause

Contingent use

Contingent use, is a use limited in a conveyance of land, which may or may not happen to vest, according to the contingency expressed in the limitation of such use: see Cun. Law. Dict.; 1 Rep. 11;

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accrue

past participle of acreistre to increase] vi 1 : to come into existence as an enforceable claim : vest as a right [action…does not until the plaintiff knew or reasonably should have known that he may have

Deed

are required to be registered under the (English) Land Charges Act, 1925, a deed may become ineffectual to vest the legal estate in the grantee or lessee or to give a full legal title in rem against

Material resources of the community

The expression 'material resources of the community' does not mean that the ownership of the resource must already vest in the State. The distribution envisaged by Article 39 (b) necessarily takes within its stride the transformation of

Tenancy in Common

no unity of title, for one may claim by descent, and another by purchase; also the estate may vest in each tenant at different times. There being no entirety of interest among tenants-in-common, each is seised of

Service of an Heir

Service of an Heir. Originally in Scotland no herit-able estate vested in the heir merely by survivance, and this procedure (by petition) was necessary to vest the right.

Rule against perpetuities

Rule against perpetuities, means the rule prohibit-ing a grant of an estate unless the interest must vest, if at all, no later than 21 years after the death of some person alive when the interest

Public trustee

Office. The Public Trustee in the person is whom the legal estate is (in the first instance) to vest in certain cases of undivided shares, inland and in fancy subsisting on the 1st January, 1926, under the

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