Term For Years

Term For Years
"Legal Lexicon":
TERM FOR YEARS - An estate for years, and the time during which such estate is to be held, are each called a term; hence the term may expire before the time, as by a surrender. Co. Litt. 45. If, for example, a conveyance be made to Peter for three years, and after the expiration of the said term to Paul for six, and Peter surrenders or forfeits his term after one year, Paul's estate takes effect immediately; if, on the contrary, the language had been after the expiration of the said time, or of the said three years, the result would have been different, and Paul's estate would not have taken effect till the end of such time, notwithstanding the forfeiture or surrender.
Whatever be its duration, a term for years is less than an estate for life. If, therefore, the same person have a term for years and an estate for life immediately succeeding it, the term is merged; but if the order of the estates be reversed, that is, if the greater precede the less, there is no merger.
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English-Chinese law dictionary (法律英汉双解大词典). 2013.

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Look at other dictionaries:

  • term for years — See estate for years; tenancy for years …   Ballentine's law dictionary

  • term for years — n. see term (sense 2) …   Useful english dictionary

  • term of years — noun An interest or estate in land for a fixed period • • • Main Entry: ↑term * * * n. see term (sense 2) …   Useful english dictionary

  • term of years — A period of years. As used in a statute providing for increased punishment of any person upon a conviction after a previous conviction for an offense punishable by imprisonment for a term of years, a minimum of two years. 25 Am J1st Habit Cr § 2 …   Ballentine's law dictionary

  • lease for years — A contract between lessor and lessee by which the lessor contracts to grant the possession and enjoyment of land, or hereditaments of a demisable nature, for a period of years certain, and the lessee usually agrees to render to the lessor a rent… …   Ballentine's law dictionary

  • term — n often attrib 1: a specified period of time the policy term 2: the whole period for which an estate is granted; also: the estate itself 3 a: the period in which the powers of a court may be validly exercised b …   Law dictionary

  • estate for term of years — n. An interest in land for a specific and predetermined period of time. Webster s New World Law Dictionary. Susan Ellis Wild. 2000 …   Law dictionary

  • entitlement for a term of years — index copyright Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • estate for a fixed term of years — index leasehold Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • tenancy for years — An interest arising from a lease, contract, or agreement for the possession of lands or tenements for a definite period of time. A tenancy under a lease whereby the landlord contracts to grant the possession and enjoyment of land, or… …   Ballentine's law dictionary

  • estate for years — An estate which must expire at a period certain, fixed in advance. United States v First Nat. Bank (CA5 Ala) 74 F2d 360. An interest arising from an agreement or contract for the possession of lands or tenements for some definite period, such… …   Ballentine's law dictionary

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