Vest - Law Dictionary Search Results
Joint-tenancy
give a title to the whole estate without the concurrence of other parties. that legal estate has been vested in trustees for sale as joint-tenants in the following cases, in joint-tenancy, estates in common or undivided shares,
Remainder
or to the reversion, as in former, case is called the particular estate.' Remainders are of three kinds:-(1) vested of executed; (2) contingent or executory; and (3) cross. The seven following rules affecting the remainders should be
Springing use
Springing use, a form of use in the nature of an executory interest directing property inland to vest at a future period which does not coincide with the termination of a legal estate at common law,
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Uses
or non-transmutation of possession (see infra). Non-operation of the Statute: The Statute of Uses did not operate to vest the legal estate in the cestui que use in the following cases:- (1) Uses limited of copyholds-sine no
Liquidator
His duties comprise the collection of the company's property, and this property or any part of it may vest in him on his application. He may bring or defend actions relating to that property in his own
Trust instrument
relation to settled land, any instruments whereby the trusts of the settled land are declared other than a vesting instrument or vesting conveyance. By s. 4 (ibid.), the trust instrument constituting a settlement must, if made after
Real representative
(English) Land Transfer Act, 1897 [see (English) TRANSFER OF LAND ACTS], the real estate of a deceased person vested in his heir, heiresses, or devisees, and his personal estate in his executors or administrators. The (English) Land
Personal property
A. was entitled to a life interest merely, and that B. had during the life of A. a vested interest in remainder of which he could dispose at his pleasure; and if the property consisted of moveable
Thames
established under such authority, and no bridge over the river Thames or the river Kennet belonging to or vested in any county council or municipal authority or to or in any railway company shall be deemed to
Tail
a, unless there be a limitation over to a third person on default of such descendants, when it vests in such third person or remainder-man. Before 1926, in order to create an estate-tail by deed, the word
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