Vermont Statutes Title 27 Sec. 1
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Terms Used In Vermont Statutes Title 27 Sec. 1
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- Devise: To gift property by will.
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
§ 1. Estate in fee tail abolished
Where, by the common law, a person might become seised in fee tail of lands by virtue of a devise, gift, grant, or other conveyance, or by other means, such person, instead of being seised thereof in fee tail, shall be seised thereof in fee simple. This section shall not change the effect of any instrument made and executed prior to June 1, 1941.