property law

spousal share

Spousal share (also called forced, elective, or statutory share) refers to the amount state laws entitle a spouse to after their spouse passes regardless of what is in a will. Spousal shares prevent spouses from changing the amount through a...

springing executory interest

Springing executory interest is a future interest in a third-party transferee that divests the grantor’s interests at a future time. It transfers the rights in property from a grantor to the third-party transferee when a specific event occurs...

springing interest

Springing interest is an interest in property where the person owns the property after something occurs or at a specified time. Springing interests often appear in wills and estates where a person inherits property only after something occurs...

Stambovsky v. Ackley

Stambovsky v. Ackley

Parties

Appellant/Plaintiff: Jeffrey M. Stambovsky

Respondent/Defendant: Helen V. Ackley et al.

Court and Date

Appellate Division 1st Department of the Supreme Court...

statute of frauds

Statute of frauds is a statute requiring certain contracts to be in writing and signed by the parties bound by the contract. The purpose is to prevent fraud and other injury. The most common types of contracts to which the statute applies are...

statutory share

Statutory share (also called forced, elective, or spousal share) refers to the amount state laws entitle a spouse or other person to regardless of what is in a will. Usually, statutory share will refer to the amount a person will be able to...

statutory subject matter

To qualify as patentable subject matter, an invention must satisfy two criteria: statutory, and judicial.

35 U.S.C. Section 101, requires that to qualify as statutory subject matter, the subject matter of the invention must...

storage lien

A storage lien is a security interest that may be acquired in property by someone who provides storage services for that property. The failure to pay for services as agreed may allow the lien holder to keep possession of the property involved...

straw man

Straw man is a third party that holds property in intermission for the sole purpose of transferring it to another. In property law, a straw man would be the person whom a grantor transfers land to for some reason; (sometimes known as a "front...

subject to a condition subsequent

An estate that has a natural duration that may be cut short once a particular event or condition happens that allows the grantor to take the property back. The particular event is part of the grantor's future interest rather than part of the estate...

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