What is the testator’s entitlement to rent on real property generated by his estate?
Nova Scotia, Canada
The following excerpt is from Hayward v. Hayward, 2011 NSCA 118 (CanLII):
In Hasluck v. Pedley (1874), L.R. 19 Eq. 271 the testator owned a considerable amount of personal and real property. The real property alone produced an annual income of 13,000. The personal property was disposed of by a residuary bequest. The testator’s widow was entitled under the will to a yearly rent of 4,500 generated by specifically named real property. The rent was to be paid quarterly, and was due three months after the testator’s death.
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