TERMIUM Plus®

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LEGAL REVERSION [3 records]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2013-04-18

English

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

An enforceable option to purchase land confers on the grantee, Y, a right to call for a conveyance of the land from the grantor, X, provided that Y complies with all the terms of the option. Where X and Y are strangers between whom no other legal relationship exists, the option is commonly termed an option in gross.... An option may also be conferred on a tenant to purchase the freehold reversion. An option contained in a lease differs from an option in gross only in the respects that the grantor and the grantee stand in the relationship of landlord and tenant, and that the contract creating it is made part of the terms on which the lease is granted....(Barnsley, "Land Options", p. 2)

French

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

option indépendante : 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 2013-02-12

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 2

Record 3 1991-12-13

English

Subject field(s)
  • Law of Obligations (civil law)

French

Domaine(s)
  • Droit des obligations (droit civil)

Spanish

Save record 3

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