This created a paralysis in property law. The courts needed a mechanism to resolve the status of missing persons to allow the machinery of commerce and inheritance to continue moving.
Disclaimer: This article is for educational and historical purposes only and does not constitute legal advice. For legal issues, consult a licensed attorney in your jurisdiction.
with no proof they are alive, they are legally accounted as dead. Property Recovery
The Act was a practical solution to a bureaucratic nightmare. It did create "strawmen," "corporate shells," or "birth certificates as bonds." Here is the actual text logic:
: It allowed landlords and reversioners to reclaim lands held under "life estates" (leases that lasted for the duration of a specific person's life) if that person disappeared.
: If a person upon whose life an estate depends remains absent for seven continuous years
This created a paralysis in property law. The courts needed a mechanism to resolve the status of missing persons to allow the machinery of commerce and inheritance to continue moving.
Disclaimer: This article is for educational and historical purposes only and does not constitute legal advice. For legal issues, consult a licensed attorney in your jurisdiction. cestui que vie act 1666 pdf
with no proof they are alive, they are legally accounted as dead. Property Recovery This created a paralysis in property law
The Act was a practical solution to a bureaucratic nightmare. It did create "strawmen," "corporate shells," or "birth certificates as bonds." Here is the actual text logic: For legal issues, consult a licensed attorney in
: It allowed landlords and reversioners to reclaim lands held under "life estates" (leases that lasted for the duration of a specific person's life) if that person disappeared.
: If a person upon whose life an estate depends remains absent for seven continuous years