WebIn the field of property law, a condition subsequent is a condition which can divest the fee simple owner of their property through a right of entry. This right of entry allows a party to repossess the property from the grantee if the condition subsequent is met. For example, in a grant which gives the property Blackacre “to our son, but if ... WebDefinition of Blackadder in the Definitions.net dictionary. Meaning of Blackadder. What does Blackadder mean? Information and translations of Blackadder in the most comprehensive dictionary definitions resource on the web. ... blackacre; blackadder goes forth; blackadder ii; blackadder the third; blackaeon international; blackalicious ...
Understanding the rule against perpetuities Legal …
WebNov 30, 2024 · A conveys Blackacre to B for life, then to C. C has a remainder interest in Blackacre. This interest becomes “contingent” when an additional condition is imposed: A conveys Blackacre to B for life, … WebDefine Blackacre Party. means any (A) corporation, partnership, limited liability company or other entity which Xxxxxxx Xxxxxxxx, Xxxxxxx X. Xxxxxx, Cerebrus Partners, L.P. or Blackacre Capital Partners, L.P. or any of them, controls or over which any of the foregoing exercise investment management authority, either directly or indirectly, or is under the … hire a hitman for free
Blackacre Party Definition Law Insider
Webhypothetical farm, Blackacre. If there are no prior reservations of minerals in landowner's chain of title to Blackacre, we can say that Land- ... other courts have attempted to give effect to a definition of minerals from the standpoint of what the understanding of the parties was as to sub- stances known to be classified as minerals. ... WebFeb 22, 2024 · Therefore A, being the first to receive Blackacre, would receive superior title over B. However, over time the common law has been supplemented by statutory enactments and equitable doctrines, the two often overlapping. Recording statutes limited the common law rule and were enacted to provide notice regarding the state of title and … Webblackacre n : a fictitious piece of real property used in the study of property law Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published … hire a helper to move