Made null, abrogated, frustrated, or brought to nothing. Litt c. 3, … [Read more...]
ANNUITY
A yearly sum stipulated to be paid to another in fee, or for life, or years, and chargeable only on the person of the grantor. Co. Litt. 1446. An annuity is different from a rent charge, with which it is sometimes confounded, the annuity being chargeable on the person merely, and so far personalty; while a rent charge is something reserved out of realty, or fixed as a burden … [Read more...]
ANIMUS TESTANDI
An intention to make a testament or will. This is required to make a valid will; for whatever form may have been adopted, if there was no animus testandi, there can be no will. An idiot for example, can make no will, because he has no intention. … [Read more...]
ANNIVERSARY
An annual day, in old ecclesiastical law, set apart in memory of a deceased person. Also called "year day" or "mind day." Spelman. … [Read more...]
ANNUITY CONTRACT
A contract that defines a series of periodic payments. … [Read more...]