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SATISFIED TERMS ACT 1845 - SECT 1

Satisfied terms of years attendant on inheritance, &c. of land, on 31st Dec. 1845, to cease, but to afford the same protection as if still subsisting but not assigned or dealt with.

1.] Every satisfied term of years which, either by express declaration or by
construction of law, shall upon the thirty-first day of December one thousand
eight hundred and forty-five be attendant upon the inheritance or reversion of
any lands shall on that day absolutely cease and determine as to the land upon
the inheritance or reversion whereof such term shall be attendant as
aforesaid, except that every such term of years which shall be so attendant as
aforesaid by express declaration, although hereby made to cease and determine,
shall afford to every person the same protection against every incumbrance,
charge, estate, right, action, suit, claim, and demand as it would have
afforded to him if it had continued to subsist, but had not been assigned or
dealt with, after the said thirty-first day of December one thousand eight
hundred and forty-five, and shall for the purposes of such protection be
considered in every court of law and of equity to be a subsisting term.


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© 1845 Crown Copyright

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