In real property law. A reversion is the residue of an estate left by operation of law in the grantor or his heirs, or in the heirs of a testator, commencing in possession on the determination of a particular estate granted or devised. When a person has an interest in lands, and grants a portion of that interest, or, in other terms, a less estate than he has in himself, the … [Read more...]
Search Results for: Grantor
RESOLUTIVE
In Scotch conveyancing. Having the quality or effect of resolving or extinguishing a right. Bell. Resoluto jure concedentis, resolvitur jus concessum. The right of the grantor being extinguished, the right granted is extinguished. Mackeld. Rom. Law, 179; Broom, Max. 467. … [Read more...]
RESERVATION
A clause in a deed or other instrument of conveyance by which the grantor creates, and reserves to himself, some right, interest, or profit in the estate granted, which had no previous existence as such, but is first called into being by the instrument reserving it; such as rent, or an easement Stephens v. Reynolds, 6 N. Y. 458; In re Narragansett Indians, 20 R. I. 715, 40 Atl. … [Read more...]
REMAINDER
The remnant of an estate in land, depending upon a particular prior estate created at the same time and by the same'instrument, and limited to arise immediately on the determination of that estate, and not in abridgment of it 4 Kent, Comm. 197. An estate limited to take effect and be enjoyed after another estate is determined. As, if a man seised in fee simple grants lands to … [Read more...]
RELATION
(A) civil law. The report which the judges made of the proceedings in certain suits to the prince were so called. 2. These relations took place when the judge had no law to direct him, or when the laws were susceptible of difficulties; it was then referred to the prince, who was the author of the law, to give the interpretation. Those reports were made in writing and contained … [Read more...]