Vested remainder
Term · Law · MLC-T-LAW-005157
A future interest in property that is certain to become possessory upon the natural termination of a preceding estate, and the identity of the remainderman is ascertainable. There are no conditions precedent that must be met for the interest to take effect. For example, a grant 'to A for life, then to B and her heirs' creates a vested remainder in B.
| Identifier | MLC-T-LAW-005157 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-005157",
"term": "Vested remainder",
"field": "Law",
"definition": "A future interest in property that is certain to become possessory upon the natural termination of a preceding estate, and the identity of the remainderman is ascertainable. There are no conditions precedent that must be met for the interest to take effect. For example, a grant 'to A for life, then to B and her heirs' creates a vested remainder in B.",
"url": "https://mlchart.com/terminology/law/vested-remainder/"
}
Record 5,286 of 5,441 in Law terminology (MLC-0107). Request the full dataset.