Alaska Statutes > Title 34 > Chapter 27 > Article 1 – Miscellaneous Common Law Rules Abolished
Current as of: 2023 | Check for updates
|
Other versions
§ 34.27.020 | Abolition of the common law rule in Shelley’s case |
§ 34.27.030 | Abolition of the common law destructibility of contingent remainders |
Terms Used In Alaska Statutes > Title 34 > Chapter 27 > Article 1 - Miscellaneous Common Law Rules Abolished
- Devise: To gift property by will.
- person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
- Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.