- shifting executory devise
- noun
: a shifting use created by will
Useful english dictionary. 2012.
Useful english dictionary. 2012.
devise — /davayz/ A testamentary disposition of land or realty; a gift of real property by the last will and testament of the donor. When used as a noun, means a testamentary disposition of real or personal property and when used as a verb, means to… … Black's law dictionary
devise — /davayz/ A testamentary disposition of land or realty; a gift of real property by the last will and testament of the donor. When used as a noun, means a testamentary disposition of real or personal property and when used as a verb, means to… … Black's law dictionary
Rule against perpetuities — The rule against perpetuities is a rule of law in effect under the property, trusts, estate, and contract law of many common law jurisdictions. The rule invalidates certain future interests (traditionally contingent remainders and executory… … Wikipedia
use — verb To make use of; to convert to one s service; to employ; to avail oneself of; to utilize; to carry out a purpose or action by means of; to put into action or service, especially to attain an end. State v. Howard, 221 Kan. 51, 557 P.2d 1280,… … Black's law dictionary
Conditional limitation — Conditional Limitation, in law, a phrase used in two senses. (1) The qualification annexed to the grant of an estate or interest in land, providing for the determination of that grant or interest upon a particular contingency happening. An estate … Wikipedia
possibility — An uncertain thing which may happen. A contingent interest in real or personal estate. It is either near (or ordinary), as where an estate is limited to one after the death of another, or remote (or extraordinary), as where it is limited to a man … Black's law dictionary