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LEGAL REMAINDER [6 records]

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

Save record 1

Record 2 2013-03-15

English

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

At common law... a legal contingent remainder failed altogether unless it vested during the continuance, or at the determination, of the preceding particular estate. A single legal contingent remainder was accordingly bound to vest if at all, during or at the end of a life in being, and so could not offerred the perpetuity rule.(Megarry & Wade, 4th ed., 1975, p. 248)

French

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

résidu éventuel 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

Save record 2

Record 3 2013-03-15

English

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

Legal executory interests are future interests which arise either under a use executed by the "Statute of Uses" or, formerly, under a will. (Anger & Honsberger, 2nd ed., 1985, p. 416)

CONT

(L) egal executory interests... are interests of a kind quite different from those recognized by the common law. As the word "legal" indicates, they are interests that affect legal title. They are "executory" in that they are always contingent and never vested, and when the contingency occurs they vest forthwith in possession and do not pass through the stage of vesting in interest. Moreover, legal executory interests are not subject to the common law remainder rules and in this sense, in contrast with legal contingent remainders, may be termed "indestructible. "(Mendes da Costa & Balfour, 1982, p. 771)

French

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

Dans l'équivalent normalisé, l'élément «non réalisé» se voit attribuer une vocation technique selon laquelle il désigne ce qui est à réaliser.

OBS

L'élément «legal» du terme anglais s'oppose dans certains contextes à «common law». Le terme pourra dans ces cas être rendu par une expression explicative telle que «intérêt non réalisé d'origine législative».

OBS

intérêt non réalisé 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

Save record 3

Record 4 2013-02-12

English

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

A surrender is the yielding or delivering up of lands or tenements and the estate a man has therein, unto another that has a higher and a greater estate in the same lands or tenements.(T) o give a surrender legal effect, the surrenderee must have the immediate estate in remainder or reversion expectant on the estate of the surrenderor. For example, if A lets to B for five years and B lets to C for four years, C cannot surrender to A, as A has not the immediate estate in remainder or reversion expectant on the estate of the surrenderor.(Anger & Honsberger, 2nd ed., 1985, p. 290)

French

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

domaine immédiat : 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

Record 5 2012-10-24

English

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

At common law the creation of future interests was severely restricted.... (T)he only future interests possible at common law were the reversion, the vested remainder and the possibility of reverter and the right of entry for condition broken.... (Anger & Honsberger, 2nd ed., 1985, pp. 338-9)

CONT

(The Statute of Wills) permitted a person to devise his lands "at his free will and pleasure". The effect of this language was that devises did not have to comply with the common law remainder rules so that new legal future interests... could be created....(Anger & Honsberger, 2nd ed., 1985, p. 348)

French

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

L'élément «legal» du terme anglais s'oppose dans certains contextes à «common law»; le terme pourra dans ces cas être rendu par une expression explicative telle que «intérêt futur d'origine législative».

OBS

intérêt futur 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

Save record 5

Record 6 1992-06-25

English

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

Possible, but not assured; doubtful or uncertain; conditioned upon the occurrence of some future event which is itself uncertain, or questionable.... this term, when applied to a use, remainder, devise, bequest, or other legal right or interest, implies that no present interest exists, and that whether such interest or right ever will exist depends upon a future uncertain event.(Black's, 5th ed. 1979, p. 290)

CONT

An interest may thus be said to be vested if, (a) it is limited to a person who is in existence, (b) it is limited to a person who is ascertained, and (c), it is limited to a person who is ascertained, and (c), it is not subject to a condition precedent. An interest is contingent or executory if it does not satisfy one of these three criteria, for in that case it is not presently capable of falling into possession upon the natural determination of all preceding interests. (Anger & Honsberger, 2nd d. 1985, p. 350)

French

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

Extrait du vocabulaire bilingue de la Common law - Droit des biens - (Terminologie française normalisée dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles).

OBS

A distinguer de : vested (adj.), conditional executory.

OBS

Terme qui présente un complément d'information utile ou un apparentement avec le terme en vedette : contingency.

Spanish

Save record 6

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