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Blackacre definition

WebDefinitions of Blackacre, synonyms, antonyms, derivatives of Blackacre, analogical dictionary of Blackacre (English) WebApr 10, 2024 · (2) Definition and Classification of Trusts. Considerable difficulty has been found in providing a comprehensive definition of a trust, but various attempts have been made: Parker and Mellows, p.13. Note the following definitions: Sir Arthur Underhill describes a trust as ‘an equitable obligation binding a person (called a trustee) to deal …

blackacre definition · LSData

WebExamples of [Blackacre] Loan Combination in a sentence. Such Holder or Holders (or such Certificate Owner or Certificate Owners, as the case may be) of the Certificates evidencing a majority of the Voting Rights allocated to the Controlling Class shall so designate a Person to serve as replacement Special Servicer with respect to the [Blackacre] Loan … 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. ... smart contact lenses market growth https://amayamarketing.com

Definition of BLACKACRE • Law Dictionary • TheLaw.com

WebA defeasible estate is created when a grantor transfers land conditionally. Upon the happening of the event or condition stated by the grantor, the transfer may be void or at least subject to annulment. (An estate not subject to such conditions is called an indefeasible estate.) WebA name of a fictitious property that is a common law school and pedogical example when teaching real property law. When two parcels of land are involved, the other is … Webnoun : a particular piece of land especially in distinction from blackacreused as an arbitrary name Word History First Known Use circa 1626, in the meaning defined above Time … hillcrest tarp

Blackacre Definition & Meaning Dictionary.com

Category:Whiteacre vs Blackacre - What

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Blackacre definition

Blackacre - FindLaw Dictionary of Legal Terms

WebBlackacre. Mythical property used as an example in nearly all explanations of legal concepts relating to real estate,such as, “If A owns an undivided 1/2 interest in Blackacre… .”. If more properties are needed, use Greenacre, and then Whiteacre. The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. 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, …

Blackacre definition

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Because of its association with legal education, a number of legal publications and events utilize the name. For example, Blackacre was adopted as the name of the literary journal at the University of Texas School of Law. Blackacre is also the name of a journal at the University of Sydney Law School, published annually by the Sydney University Law Society, the name of the open-air courtyard and weekly student social at Vanderbilt Law School, and the name of a Willia… 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 …

WebQuick definitions from Wiktionary (Blackacre) noun : (law) A placeholder name of a fictitious or hypothetical estate in land commonly used to discuss the rights of various parties to a … WebBlackadder is a series of four period British sitcoms, plus several one-off instalments, which originally aired on BBC One from 1983 to 1989. All television episodes starred …

WebExample 3: A transfers Whiteacre to Corporation X and B transfers Blackacre (equal in value to Whiteacre) to Corporation X. A and B each take back 50 percent of the stock. Change in ownership of 100 percent of both Whiteacre and Blackacre. Example 4: Corporation X owns Blackacre and Whiteacre (both are of equal value). A and B each … WebBlackacre. ( law) A placeholder name of a fictitious or hypothetical estate in land commonly used to discuss the rights of various parties to a piece of real property . quotations . …

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WebBlackacre refers to a fictional plot of land which is often used in examples when teaching or explaining property law concepts. In examples where more than one plot of land is necessary, Blackacre is often paired with fellow fictional plot of land Whiteacre . [Last updated in June of 2024 by the Wex Definitions Team] wex ACADEMIC TOPICS smart contract auditing servicesWebDefine Blackacre Party. means any (A) corporation, partnership, limited liability company or other entity which Xxxxxxx Xxxxxxxx, Xxxxxxx X. Xxxxxx, Cerebrus Partners, L.P. or … hillcrest swimwear men\\u0027sWebˈblak-ˌā-kər. : a fictitious piece of real property used in the study of property law. smart contract complianceWebwhiteacre noun : a particular piece of land especially in distinction from blackacreused as an arbitrary name Word History First Known Use circa 1626, in the meaning defined … hillcrest tasmania populationWebBlackacre is fictitious tract of land used in numerous legal hypotheticals from times immemorial. This fictitious name is used in legal discourse to discuss real-property issues. When another tract of land is needed in a hypothetical, it is often termed “Whiteacre.” Blackacre is the most celebrated tract of land in the world of the law. hillcrest swimming pool lessonsWebIn 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 ... hillcrest sylvanian familiesWebBlackacre. A fictitious designation that legal writers use to describe a piece of land. The term Blackacre is often used in comparison with Whiteacre in order to distinguish … hillcrest swivel patio set