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  2. Remainder (law) - Wikipedia

    en.wikipedia.org/wiki/Remainder_(law)

    An indefeasibly vested remainder is certain to become possessory in the future, and cannot be divested. [4] For example A conveys to "B for life, then to C and C 's heirs." C has an indefeasibly vested remainder, certain to become possessory upon termination of B 's life estate (when B dies). C or C 's heirs will clearly be entitled to ...

  3. Future interest - Wikipedia

    en.wikipedia.org/wiki/Future_interest

    A contingent remainder is created when a remainder cannot fully vest at the time of granting. This normally occurs in two situations: This normally occurs in two situations: when the property can't vest because the beneficiary is unknown (for example, if the beneficiary is a class subject to open), or

  4. Vesting - Wikipedia

    en.wikipedia.org/wiki/Vesting

    It is also possible to give a person, A, a life interest in a property, with the remainder to go to another person or persons, B. If the beneficiary of the remainder cannot yet be known, then the remainder is said not to have vested, and the remainder is said to be contingent.

  5. Rule in Shelley's Case - Wikipedia

    en.wikipedia.org/wiki/Rule_in_Shelley's_Case

    The rule converted the contingent remainder in B's heirs into a vested remainder in B. The rule's effect ended there. After that, the doctrine of merger operated on the two successive freehold estates placed in the same purchaser (B's life estate and B's remainder in fee simple) and converted them into a single fee simple absolute in B.

  6. Rule against perpetuities - Wikipedia

    en.wikipedia.org/wiki/Rule_against_perpetuities

    [37] [38] If, for example, a grantor's will devised land "to my son, for life; then to his wife [or widow], for life; then to his children living at the time of her death", the children's contingent remainder (contingent on their status as "living" at the time of the widow's death) would be invalid, even if the grantor's son was an elderly and ...

  7. What does it mean to be vested? - AOL

    www.aol.com/finance/does-mean-vested-212746763.html

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  8. Destructibility of contingent remainders - Wikipedia

    en.wikipedia.org/wiki/Destructibility_of...

    A common law rule "that a freehold contingent remainder which does not vest at or before the termination of the preceding freehold estate is destroyed. Such termination of the preceding estate might result from the natural expiration of that estate, or from forfeiture, or from merger." [1]

  9. Pur autre vie - Wikipedia

    en.wikipedia.org/wiki/Pur_autre_vie

    A life estate pur autre vie can be created when a contingent remainder is destroyed, in a Doctrine of Merger situation, where one person acquires the life estate of another and thereby destroys a remainder not already vested. [4]