Blackacre definition
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, … WebRelated to Blackacre Entity. Joint Venture Entity means any Joint Venture, any Wholly-Owned Subsidiary of a Joint Venture or any JV Subsidiary.. Company Joint Venture means, with respect to the Company, any Person in which the Company, directly or indirectly, owns an equity interest that does not have voting power under ordinary circumstances to elect …
Blackacre definition
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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. 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 …
WebBlackacre noun A placeholder name of a fictitious or hypothetical estate in land commonly used by professors of law in common law jurisdictions, particularly in the area of real … WebHow to say Blackacre in English? Pronunciation of Blackacre with 1 audio pronunciation, 1 translation and more for Blackacre.
WebDefinition of 'blackacre' blackacre in American English (ˈblækˌeikər) noun (often cap) an arbitrary name for a piece of land used for purposes of supposition in legal argument or the like (often distinguished from whiteacre ) Most material © 2005, 1997, 1991 by Penguin Random House LLC. 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 . 1790, Francis Buller, An Introduction to the Law Relative to Trials at Nisi Prius, page 74:
Webˈblak-ˌā-kər. : a fictitious piece of real property used in the study of property law.
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 csn number stands forWebA condition precedent is a condition or an event that must occur before a right , claim , duty, or interests arises. A condition precedent is contrasted with a condition subsequent. In a contract, a condition precedent is an event that must occur before the parties are obligated to perform. For example, an insurance contract may require the ... eagleview hospital squamishWebnoun (often initial capital letter) an arbitrary name for a piece of land used for purposes of supposition in legal argument or the like (often distinguished from whiteacre). Origin of … Blackamoor definition at Dictionary.com, a free online dictionary with pronunciation, … acre: 1. a common measure of area: in the U.S. and U.K., 1 acre equals 4,840 … Blab definition, to reveal indiscreetly and thoughtlessly: They blabbed my … csn nursing program physical exam formWebnoun : 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 … eagle view hospital bettendorf iaWebBlackacre is a made-up piece of land that is commonly used in property law examples. It is used to explain different property law concepts. When more than one piece of land is … eagleview informWebExample 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 … eagleview health pittsgrove njWebhypothetical 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. ... csn number sim card