There are two types of remainders in property law: vested and contingent. A vested remainder is held by a specific person without any conditions ("conditions precedent"); a contingent remainder is one for which the holder has not been identified, or for which a condition precedent must be satisfied. … See more In property law of the United Kingdom and the United States and other common law countries, a remainder is a future interest given to a person (who is referred to as the transferee or remainderman) that is capable of … See more The key difference between a reversion and a remainder is that a reversion is held by the grantor of the original conveyance, whereas "remainder" is used to refer to an interest that would be a reversion, but is instead transferred to someone other than the grantor. … See more In the United Kingdom it is possible for a patent creating a hereditary peerage to allow for succession by someone other than an heir-male or heir of the body, under a so-called "special remainder". Several instances may be cited: • See more A remainder is vested if both 1. The remainder is given to a presently existing and ascertained person. 2. It is not subject to a … See more The contingent remainder is one that is surrounded in uncertainty. A remainder is contingent if one or more of the following is true: (1) it is conveyed to an unascertained or … See more "A and her heirs, then to B" B's estate is not a remainder since a remainder cannot follow an estate held in fee simple absolute. "A for life, then to B" B's estate is a vested remainder since the remainder is given to an ascertained person (B) and there are no … See more • Executory interest • Future interest • Rule in Shelley's Case • Doctrine of worthier title See more WebC-- contingent remainder in fee simple D-- nothing G-- reversion (e) (12) G-- fee simple absolute (e) (13) G-- fee simple absolute NOTE: Under modern law abolishing the destructibility of contingent remainders, there will be a …
Property outline.docx - Property Outline Ownership as a...
WebA has a life estate X has a contingent remainder in fee simple subject to executory limitation A's children have a contingent remainder in fee simple subject to executory limitation. O conveys Blackacre to A so long as Blackacre contains a swimming pool open to the public, then to O for one year, then to B and his heirs, provided that B ... WebC''s children will receive a fee simple title to the property when C dies, if C has children. A remainder can either be vested or contingent. A vested remainder is one where the grantee is an ascertainable person and the remainder is not subject to a condition precedent. In other words, the property will definitely be conveyed to the grantee ... the most tiktok followers
Property Law Outline 3 - I. Rules Restricting Contingent Remainders ...
WebApr 11, 2024 · A contingent remainder cannot be identified or must satisfy a condition precedent. ... In English law, a fee simple or fee simple absolute is an estate in land, a form of freehold ownership. It is a way that real estate and land may be … WebVested remainder subject to divestment: To A for life, then to B and her heirs, but if B does not survive A, then to C and his heirs. Contingent remainder: To A for life, then to B and her heirs if B survives A; and if B does not survive A, to C and his heirs. Help is appreciated! 5 Related Topics WebWhat does contingent remainder mean? Information and translations of contingent remainder in the most comprehensive dictionary definitions resource on the web. Login . … how to describe speech in psychiatry