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contingent remainder

noun

Definitions

  1. An interest in property that is owned by a party that can not be identified until the…

    An interest in property that is owned by a party that can not be identified until the interest vests.

    • Joe leaves property "to Mike for life, and then to Mike's oldest surviving child"; since it is not known who will be Mike's oldest surviving child at the time of Mike's death, ownership of the property is a contingent remainder.

The neighborhood

Vish — recursive loop

No curated loop yet for contingent remainder. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA