Vested Interest - Law Dictionary Search Results
Real Property Act, 1845
land and a possibility coupled with an interest in land, and 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
Apparator, or Apparitor
of the Spiritual Courts. He holds his office at the pleasure of Parliament, and does not possess a vested interest in it. See the (English) Ecclesiastical Fees Act, 1875 (38 & 39 Vict. c. 76).
Beer
and Beerhouse Act, 1869 (32 & 33 Vict. c. 29), by requiring a justices' license-with a saving for vested interests-placed beerhouses, beershops, and alehouses much on the same footing, and the (English) Licensing Acts of 1873 and … Beerhouse Act, 1869 (32 & 33 Vict. c. 29), by requiring a justices' license-with a saving for vested interests-placed beerhouses, beershops, and alehouses much on the same footing, and the (English) Licensing Acts of 1873 and 1874
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life in being
the creation of a deed or will or at the time of the testator's death [the interest must vest by the end of lives in being plus 21 years] see also rule against perpetuities
Remote
Remote, means exceeding the time allowed under the rule against perpetuities for the vesting of interest, Estate of Grove, 70 Cal App 3d 355 (1977).
Portion
usually contain a provision for hotchpot and maintenance of infants and advancement of capital before the period of vesting or distribution. Interest is payable on portions from the time they become due. All causes and matters connected
Dominium directum
Dominium directum, in the Feudal Law, the interest vested in the superior; the superiority. See Bell's Dict
rule against perpetuities
R&P : a common-law rule stating that in order for a future interest to be good it must vest after its creation (as at the death of a testator) within a life in being or lives in
Acceleration
Acceleration, the shortening of the time for the vesting in possession of an expectant interest.
Determinable fee
equitable interests. Certain estates in fee simple which by statute are liable to be divested, and fee simple vested incorporations are legal estates, see s. 7(1) and (2), (English) L. P. Act, 1925, and see BASE FEE. … capable of taking effect as legal estates under Part I of that Act, have been converted into equitable interests. Certain estates in fee simple which by statute are liable to be divested, and fee simple vested incorporations
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