remainder
101Vested remainder — Vested Vest ed, a. 1. Clothed; robed; wearing vestments. The vested priest. Milton. [1913 Webster] 2. (Law) Not in a state of contingency or suspension; fixed; as, vested rights; vested interests. [1913 Webster] {Vested legacy} (Law), a legacy… …
102contingent remainder — noun An interest in property that is owned by a party that can not be identified until the interest vests. Example: Joe leaves property to Mike for life, and then to Mikes oldest surviving child ; since it is not known who will be Mikes oldest… …
103vested remainder — /vɛstəd rəˈmeɪndə/ (say vestuhd ruh maynduh) noun Law an interest, property, etc., to which a person is presently entitled but which will not come into his or her possession until some future event, as a remainder contingent on the death of a… …
104defeasibly vested remainder — Gift over to remainderman which, though not subject to condition precedent as in the case of a contingent remainder, is subject to divestment on the happening of a condition subsequent …
105estate in remainder — See remainder …
106defeasibly vested remainder — Gift over to remainderman which, though not subject to condition precedent as in the case of a contingent remainder, is subject to divestment on the happening of a condition subsequent …
107estate in remainder — See remainder …
108estate in remainder — See remainder …
109executed remainder — An old term for vested remainder. See 2 Bl Comm 168 …
110vested remainder — noun : a remainder granted or devised by the owner of a fee to a then ascertainable existing person who has or whose heirs or devisees have the present legal right to enter into possession and enjoy the estate upon the termination of a preceding… …