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Definition of Post-obit bond
1. Noun. A bond made by a reversioner to secure a loan; payable out of his reversion.
Lexicographical Neighbors of Post-obit Bond
Literary usage of Post-obit bond
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Complete Series of Precedents in Conveyancing and of Common and Commercial by George Crabb (1845)
"A post-obit bond is a security for the payment of a greater sum than the sum ...
As a post-obit bond is a bond for a sum certain, or at a time that may be ..."
2. A Practical Treatise on the Statutes of Limitations in England and Ireland by Jonathan George Norton Darby, Frederick Albert Bosanquet, James Robert Vernam Marchant (1893)
"... post obit bond, it was held that the time, °«/b™d. as in the case of an action
on the bond itself, did not run until the occurrence of the death upon ..."
3. Reports of Cases Argued and Determined in the High Court of Chancery: From by Great Britain Court of Chancery, Francis Vesey (1827)
"Post obit bond by Plaintiff under the above agreements .£4000 0 0 1790. Feb.
20th. A similar bond in consideration of 720?. - - - 1440 0 0 July 28th. ..."
4. A Compendium of Precedents in Conveyancing: Comprising the Forms Required in by Thomas Key (1883)
"post-obit bond with VARIATION where a SURETY joins. Bond from A. to C., or joint
and several bond from A., principal, and B., surety, to C., sec pp. 200—1. ..."
5. Reports of Cases Argued and Determined in the High Court of Chancery: During by Great Britain Court of Chancery, Edward Thurlow Thurlow, Alexander Wedderburn Rosslyn, Jonathan Cogswell Perkins (1844)
"Post obit bond by Plaintiff under the 1790. Feb. 20th. ... The bond for 3243/.
dated the 6th of July, 1793, was a post obit bond for payment of 6486/. on ..."
6. Concise Precedents in Modern Conveyancing: With Practical and Explanatory Notes by William Hughes (1856)
"I. FORM OF A POST OBIT BOND. 1. Recital of contract to purchase 1000/. upon the
... That payment is to be secured by post obit bond. 3. Condition. ..."
7. Index to Precedents in Conveyancing, and to Common and Commercial Forms by Walter Arthur Copinger (1872)
"221 post-obit bond, with a surety for securing a certain sum, ... 223 Defeasance
on warrant of attorney for securing post-obit bond. ..."