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LEGAL REMAINDER [1 record]

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Record 1 2013-03-15

English

Subject field(s)
  • PAJLO
  • Property Law (common law)
OBS

Remainders are either legal or equitable. If they are legal, they are subject to the legal remainder rules and to destruction. ... They are subject, in addition, to the rule in "Shelley's Case" and the rule against perpetuities. ... Legal remainders arise under common law conveyances, including modern grants. Formerly, they also arose under wills, but it is probable that all remainders arising under wills are now equitable. ... The legal remainder rules are a carry-over from feudal land law and are based on the importance that the law attached to seisin. While they are long since out of tune with modern conditions, they remain in force in common law Canada. (Anger & Honsberger, 2nd ed., 1985, pp. 391-2).

French

Domaine(s)
  • PAJLO
  • Droit des biens et de la propriété (common law)
OBS

résidu en common law : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO).

Spanish

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