Section 5-37 (A) Tranfer of property, whether movable or immovable Flashcards
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tranfer of prop. defined
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what may be transferred
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persons competent to transfer
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operation of transfer
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oral transfer
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condition restraining alienation
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restriction repugnant to interest
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Condition making interest determinable on insolvency or attempted alienation.
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. Transfer for benefit of unborn person
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rule against perpetutity
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transfer to class s.13,14
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transfer to take effect on failure of prior interest
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direction for accumulation
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transfer in perpetuity for benefit of public
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vested. interest
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unborn person vested interest on tranfer for his benefit
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contingent interest
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transfer to members of class who attain particular age
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transfer contingent on happening of specified uncertain event
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Transfer to such of certain persons as survive at some period not specified.
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conditional transfer
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fulfilment of condition precedent
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Conditional transfer to one person coupled with transfer to another on failure of prior
disposition.
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Ulterior transfer conditional on happening or not happening of specified event.
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Fulfilment of condition subsequent.
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Prior disposition not affected by invalidity of ulterior disposition.
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Condition that transfer shall cease to have effect in case specified uncertain event
happens or does not happen.
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Such condition must not be invalid.
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Transfer conditional on performance of act, no time being specified for performance.
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Transfer conditional on performance of act, time being specified.
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election
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apportionment - determination of interest
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app. of benefit of obligation on severance
