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In property law of the United Kingdom and the United States and other common law countries, a remainder is a future interest given to a person (who is referred to as the transferee or remainderman) that is capable of becoming possessory upon the natural end of a prior estate created by the same instrument. [1]
A unit of real estate or immovable property is limited by a legal boundary (sometimes also referred to as a property line, lot line or bounds). The boundary (in Latin: limes ) may appear as a discontinuation in the terrain: a ditch, a bank, a hedge, a wall, or similar, but essentially, a legal boundary is a conceptual entity, a social construct ...
In common law countries a remainderman is a person who inherits or is entitled to inherit property upon the termination of the estate of the former owner. [1] Usually, this occurs due to the death or termination of the former owner's life estate, but this can also occur due to a specific notation in a trust passing ownership from one person to another.
A fee tail is a limited estate with succession confined to the direct descendants of the original holder of the estate – descendant determined according to ancient heirship rules which leaned in favour of the eldest son.
Elevation view of the Panthéon, Paris principal façade Floor plans of the Putnam House. A house plan [1] is a set of construction or working drawings (sometimes called blueprints) that define all the construction specifications of a residential house such as the dimensions, materials, layouts, installation methods and techniques.
The existence of section lines made property descriptions far more straightforward than the old metes and bounds system. The establishment of standard east-west and north-south lines ("township" and "range lines") meant that deeds could be written without regard to temporary terrain features such as trees, piles of rocks, fences, and the like, and be worded in the style such as "Lying and ...
The principles of the party wall in Paris under the common law in 1765 are the following: If a man when building his home does not leave a sufficient space on his property he can not prevent his wall becoming a party wall with his neighbor who could build his home erect to the wall paying half the cost for materials and land that the wall resides on.
More specifically, all north–south running lines (all range lines and half of all section lines), as with the prime meridian, are always established with reference to true, geodetic north. But it is a physical impossibility to meet this condition and still maintain a rectangular land grid, because such lines converge on the north pole.