Immovable property and Movable are two categories of property that are defined by their nature and characteristics.
Immovable property, refers to property that cannot be...
Transferable and non-transferable property are two categories of property based on their transferability.
Transferable property refers to property that can be legally transferred or assigned...
Concept of Rule against Perpetuity
The rule against perpetuity is a legal concept that is designed to limit the duration of property interests in certain...
Meaning of Conditional Transfer
Conditional transfer is a legal concept in which the transfer of property is made subject to certain conditions. The transferor (or...
Condition precedent and condition subsequent are two legal concepts that are often used in the context of contracts and conditional transfers. While both types...