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PERPETUITY RULE [8 records]
Record 1 - internal organization data 2013-06-25
Record 1, English
Record 1, Subject field(s)
- PAJLO
- Property Law (common law)
Record 1, Main entry term, English
- words of perpetuity
1, record 1, English, words%20of%20perpetuity
correct, plural
Record 1, Abbreviations, English
Record 1, Synonyms, English
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
The word, heirs, is necessary in the grant or donation in order to make a fee, or inheritance. For if land be given to a man for ever, or to him and his assigns for ever, this vests in him but an estate for life.... [This rule] does not extend to devises by will; in which, as they were introduced at the time when the feodal rigor was apace wearing out, a more liberal construction is allowed : and therefore by a devise to a man for ever, or to one and his assigns for ever, or to one in fee-simple, the devisee hath an estate of inheritance; for the intention of the devisor is sufficiently plain from the words of perpetuity annexed, though be hath omitted the legal words of inheritance. But if the devise be to a man and his assigns, without annexing words of perpetuity, there the devisee shall take only an estate for life; for it does not appear the devisor intended any more....(Blackstone, Book II, p. 107-108) 1, record 1, English, - words%20of%20perpetuity
Record number: 1, Textual support number: 1 OBS
words of perpetuity: term used in the plural in this context. 2, record 1, English, - words%20of%20perpetuity
Record 1, French
Record 1, Domaine(s)
- PAJLO
- Droit des biens et de la propriété (common law)
Record 1, Main entry term, French
- termes de perpétuité
1, record 1, French, termes%20de%20perp%C3%A9tuit%C3%A9
correct, masculine noun, plural, standardized
Record 1, Abbreviations, French
Record 1, Synonyms, French
Record 1, Textual support, French
Record number: 1, Textual support number: 1 OBS
termes de perpétuité : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO). 2, record 1, French, - termes%20de%20perp%C3%A9tuit%C3%A9
Record number: 1, Textual support number: 2 OBS
termes de perpétuité : terme utilisé au pluriel dans ce contexte. 2, record 1, French, - termes%20de%20perp%C3%A9tuit%C3%A9
Record 1, Spanish
Record 1, Textual support, Spanish
Record 2 - internal organization data 2013-06-25
Record 2, English
Record 2, Subject field(s)
- PAJLO
- Property Law (common law)
Record 2, Main entry term, English
- wait and see principle
1, record 2, English, wait%20and%20see%20principle
correct
Record 2, Abbreviations, English
Record 2, Synonyms, English
Record 2, Textual support, English
Record number: 2, Textual support number: 1 CONT
The common law rule states that an interest is valid if it must vest within the perpetuity period. The wait and see principle states that an interest is valid if it vests in fact within the period.(Anger & Honsberger, 2nd ed., 1985, p. 519) 1, record 2, English, - wait%20and%20see%20principle
Record 2, French
Record 2, Domaine(s)
- PAJLO
- Droit des biens et de la propriété (common law)
Record 2, Main entry term, French
- principe de temporisation
1, record 2, French, principe%20de%20temporisation
correct, masculine noun, standardized
Record 2, Abbreviations, French
Record 2, Synonyms, French
Record 2, Textual support, French
Record number: 2, Textual support number: 1 OBS
principe de temporisation : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO). 2, record 2, French, - principe%20de%20temporisation
Record 2, Spanish
Record 2, Textual support, Spanish
Record 3 - internal organization data 2013-06-14
Record 3, English
Record 3, Subject field(s)
- PAJLO
- Property Law (common law)
Record 3, Main entry term, English
- uncertain term
1, record 3, English, uncertain%20term
correct
Record 3, Abbreviations, English
Record 3, Synonyms, English
Record 3, Textual support, English
Record number: 3, Textual support number: 1 OBS
A lease may... contain a term providing for its perpetual renewal. Thus, a lease for twenty-one years, renewable in perpetuity for further twenty-one-year terms does not offend the rule against perpetuities and is not invalid as creating an uncertain term.(Anger & Honsberger, 2nd ed., 1985, p. 232). 1, record 3, English, - uncertain%20term
Record 3, French
Record 3, Domaine(s)
- PAJLO
- Droit des biens et de la propriété (common law)
Record 3, Main entry term, French
- terme incertain
1, record 3, French, terme%20incertain
correct, masculine noun, standardized
Record 3, Abbreviations, French
Record 3, Synonyms, French
Record 3, Textual support, French
Record number: 3, Textual support number: 1 OBS
terme incertain : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO). 2, record 3, French, - terme%20incertain
Record 3, Spanish
Record 3, Textual support, Spanish
Record 4 - internal organization data 2013-04-22
Record 4, English
Record 4, Subject field(s)
- PAJLO
- Property Law (common law)
- Law of Estates (common law)
Record 4, Main entry term, English
- perpetuity rule
1, record 4, English, perpetuity%20rule
correct
Record 4, Abbreviations, English
Record 4, Synonyms, English
- rule against perpetuities 1, record 4, English, rule%20against%20perpetuities
correct
Record 4, Textual support, English
Record number: 4, Textual support number: 1 OBS
"The rule against perpetuities is not dealing with the duration of interests but with their commencement, and so long as the interest vests within lives in being and twenty-one years it does not matter how long that interest lasts. "That is to say, the perpetuity rule does not invalidate a limitation merely because it provides that an interest shall cease at some future date outside the perpetuity period.(Megarry & Wade, 4th ed., 1975, p. 244). 1, record 4, English, - perpetuity%20rule
Record 4, French
Record 4, Domaine(s)
- PAJLO
- Droit des biens et de la propriété (common law)
- Droit successoral (common law)
Record 4, Main entry term, French
- règle d'interdiction de perpétuités
1, record 4, French, r%C3%A8gle%20d%27interdiction%20de%20perp%C3%A9tuit%C3%A9s
correct, feminine noun, standardized
Record 4, Abbreviations, French
Record 4, Synonyms, French
Record 4, Textual support, French
Record number: 4, Textual support number: 1 OBS
règle d'interdiction de perpétuités : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO). 2, record 4, French, - r%C3%A8gle%20d%27interdiction%20de%20perp%C3%A9tuit%C3%A9s
Record 4, Spanish
Record 4, Textual support, Spanish
Record 5 - internal organization data 2013-03-15
Record 5, English
Record 5, Subject field(s)
- PAJLO
- Property Law (common law)
Record 5, Main entry term, English
- legal contingent remainder
1, record 5, English, legal%20contingent%20remainder
correct
Record 5, Abbreviations, English
Record 5, Synonyms, English
Record 5, Textual support, English
Record number: 5, Textual support number: 1 CONT
At common law... a legal contingent remainder failed altogether unless it vested during the continuance, or at the determination, of the preceding particular estate. A single legal contingent remainder was accordingly bound to vest if at all, during or at the end of a life in being, and so could not offerred the perpetuity rule.(Megarry & Wade, 4th ed., 1975, p. 248) 1, record 5, English, - legal%20contingent%20remainder
Record 5, French
Record 5, Domaine(s)
- PAJLO
- Droit des biens et de la propriété (common law)
Record 5, Main entry term, French
- résidu éventuel en common law
1, record 5, French, r%C3%A9sidu%20%C3%A9ventuel%20en%20common%20law
correct, masculine noun, standardized
Record 5, Abbreviations, French
Record 5, Synonyms, French
Record 5, Textual support, French
Record number: 5, Textual support number: 1 OBS
résidu éventuel en common law : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO). 2, record 5, French, - r%C3%A9sidu%20%C3%A9ventuel%20en%20common%20law
Record 5, Spanish
Record 5, Textual support, Spanish
Record 6 - internal organization data 2013-03-05
Record 6, English
Record 6, Subject field(s)
- PAJLO
- Property Law (common law)
- Taxation
Record 6, Main entry term, English
- interest in real property
1, record 6, English, interest%20in%20real%20property
correct
Record 6, Abbreviations, English
Record 6, Synonyms, English
- interest in realty 1, record 6, English, interest%20in%20realty
correct
Record 6, Textual support, English
Record number: 6, Textual support number: 1 CONT
No limitation creating a contingent interest in real or personal property shall be treated as or declared to be invalid as violating the rule against perpetuities by reason only of the fact that there is a possibility of such interest vesting beyond the perpetuity period.(R. S. O. 1980, c. 374, s. 3). 1, record 6, English, - interest%20in%20real%20property
Record 6, French
Record 6, Domaine(s)
- PAJLO
- Droit des biens et de la propriété (common law)
- Fiscalité
Record 6, Main entry term, French
- intérêt sur biens réels
1, record 6, French, int%C3%A9r%C3%AAt%20sur%20biens%20r%C3%A9els
correct, masculine noun, standardized
Record 6, Abbreviations, French
Record 6, Synonyms, French
Record 6, Textual support, French
Record number: 6, Textual support number: 1 OBS
intérêt sur biens réels : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO). 2, record 6, French, - int%C3%A9r%C3%AAt%20sur%20biens%20r%C3%A9els
Record 6, Spanish
Record 6, Textual support, Spanish
Record 7 - internal organization data 2013-01-22
Record 7, English
Record 7, Subject field(s)
- PAJLO
- Property Law (common law)
Record 7, Main entry term, English
- contingency
1, record 7, English, contingency
correct
Record 7, Abbreviations, English
Record 7, Synonyms, English
Record 7, Textual support, English
Record number: 7, Textual support number: 1 CONT
In determining whether the contingency is incapable of vesting beyond the perpetuity period, you can take into account the operation of the common law rule that requires a continuous and immediate passage of seisin.(Mendes da Costa and Balfour, p. 801) 1, record 7, English, - contingency
Record 7, French
Record 7, Domaine(s)
- PAJLO
- Droit des biens et de la propriété (common law)
Record 7, Main entry term, French
- éventualité
1, record 7, French, %C3%A9ventualit%C3%A9
correct, feminine noun, standardized
Record 7, Abbreviations, French
Record 7, Synonyms, French
Record 7, Textual support, French
Record number: 7, Textual support number: 1 OBS
éventualité : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO). 2, record 7, French, - %C3%A9ventualit%C3%A9
Record number: 7, Textual support number: 2 OBS
Acception restreinte qui désigne l'intérêt, le droit, etc. 1, record 7, French, - %C3%A9ventualit%C3%A9
Record 7, Spanish
Record 7, Textual support, Spanish
Record 8 - internal organization data 2012-10-19
Record 8, English
Record 8, Subject field(s)
- PAJLO
- Property Law (common law)
Record 8, Main entry term, English
- class splitting
1, record 8, English, class%20splitting
correct
Record 8, Abbreviations, English
Record 8, Synonyms, English
Record 8, Textual support, English
Record number: 8, Textual support number: 1 CONT
Under the common law rule, a class gift had to be able to vest within the perpetuity period in its entirety. If the interests of some members might vest outside the period, even though the interests of other members would vest in time, the gift was wholly void. The statutes, however, provide that in such a situation the class may be split, by excluding those persons whose interests do not in fact vest in time. As at common law, the class closing rules are permitted to operate first and they may save the gift. Under the statutes one then uses the wait and see principle and the age reduction provision. After that class splitting is permitted.(Anger & Honsberger, 2nd ed., 1985, p. 536). 1, record 8, English, - class%20splitting
Record 8, French
Record 8, Domaine(s)
- PAJLO
- Droit des biens et de la propriété (common law)
Record 8, Main entry term, French
- fractionnement de catégorie
1, record 8, French, fractionnement%20de%20cat%C3%A9gorie
correct, masculine noun, standardized
Record 8, Abbreviations, French
Record 8, Synonyms, French
Record 8, Textual support, French
Record number: 8, Textual support number: 1 OBS
fractionnement de catégorie : terme normalisé par le Comité de normalisation dans le cadre du Programme national de l'administration de la justice dans les deux langues officielles (PAJLO). 2, record 8, French, - fractionnement%20de%20cat%C3%A9gorie
Record 8, Spanish
Record 8, Textual support, Spanish
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