TERMIUM Plus®

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FUTURE FEE SIMPLE [4 records]

Record 1 2013-04-26

English

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

A possibility of reverter is the interest that remains in the grantor, or in the heirs of the testator, who has conveyed or devised a determinable fee simple. It is a possibility that the grantor or the testator's heirs will reacquire the fee, that is, a vested interest, in the future. Thus, it is a mere possibility and not an estate or interest in land.(Anger and Honsberger, 2nd ed., 1985, p. 381).

French

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

possibilité de retour : 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

Save record 1

Record 2 2013-03-05

English

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

An estate intervening(between) the interest giving a right of present possession and the remote future interest, the effect of which is to prevent a merger of such present and future interests to create a fee simple.(Cartwright, 1972, p. 492)

French

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

domaine intermédiaire : 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

Save record 2

Record 3 2013-01-23

English

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

A future interest is an interest in property in which the right to possession or enjoyment of the property is postponed to a future time. Nevertheless, it is a presently existing interest in the property and it is thus part of the total ownership of the property. The fact that a future interest is a presently existing interest implies that it confers present, as well as future, rights and obligations. (Anger & Honsberger, 2nd ed., 1985, p. 335)

CONT

A doctrine of estates which measured interests in land in terms of duration and recognized that interests could arise successively as segments of an ultimate estate in fee simple invited the working out of a law of future interests. "A future interest may be described as an interest in land or other things in which the privilege of possession or of enjoyment is future and not present. It should be emphasized that the interest is an existing interest from the time of its creation, and is looked upon as a part of the total ownership of land or other thing which is its subject matter. "(Laskin, 1964, p. 327)

French

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

intérêt futur : 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

Save record 3

Record 4 2013-01-18

English

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

Suppose land is transferred to A and his heirs until A marries B, and then to B and her heirs. A clearly receives a fee simple determinable by virtue of the express special limitation-"until A marries B"-but if the special limitation becomes operative(i. e., if A marries B), there is a gift over to B which precludes any reverter to the transferor. Since the only kind of future interest that may "follow" a fee simple is an executory interest, B's interest must be an executory interest in fee simple absolute.... The term "fee simple determinable with an executory limitation" would clearly be more convenient than, and as descriptive as, the term adopted by the "Property Restatement"("fee simple with an executory limitation" creating an interest which takes effect at the expiration of a prior interest).(Cunningham, Stoebuck and Whitman, p. 62)

French

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

fief simple résoluble assorti d'une délimitation non réalisée : 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

Save record 4

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