Online Encyclopedia

INTERESSE TERMINI (Lat. for " interes...

Online Encyclopedia
Originally appearing in Volume V14, Page 684 of the 1911 Encyclopedia Britannica.
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INTERESSE TERMINI (

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Lat. for "
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interest in a
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term ")
  , in law, an executory
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interest, being the right of entry which the grant of a lease confers upon a lessee . Actual entry on the lands by the lessor converts the right into an estate . If the lease, however, has been created by a bargain and sale or by any other
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conveyance under the
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Statute of Uses, which does not require an entry, the
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term vests in the lessee at once . An interesse termini gives a cause of
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action against any person through whose action entry by the lessee or delivery of possession to him may have been prevented . An interesse termini is a right in rem, alienable at
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common law, and transmissible to the executors of the lessee .

End of Article: INTERESSE TERMINI (Lat. for " interest in a term ")
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