When the right to property is based on a condition precedent or that something need to occur. For example, a person who is entitled to a car after the owner dies as per the will of the owner. … [Read more...]
FUTURE PERFORMANCE
A contractual obligation where a performance is required and will take place in the future. … [Read more...]
FUNERAL EXPENSES
Money expended in procuring the interment of a corpse. 2. The person who orders the funeral is responsible personally for the expenses, and if the estate of the deceased should be insolvent, he must lose the amount. But if there are assets sufficient to pay these expenses, the executor or administrator is bound, upon an implied assumpsit, to pay them. 3. Frequent questions … [Read more...]
FURNITURE
Personal chattels in the use of a family. By the term household furniture in a will, all personal chattels will pass which may contribute to the use or convenience of the householder, or the ornament of the house; as, plate, linen, china, both useful and ornamental, and pictures. This term includes that which furnishes, or with which anything is furnished or supplied; whatever … [Read more...]
FUNGIBILES RES
Lat. In the civil law. Fungible things. See that title. … [Read more...]