Destructibility of contingent remainders
- Destructibility of contingent remainders
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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]
References
- ^ Moynihan, Introduction to the Law of Real Property 173-76 (3d ed. 2002).
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Look at other dictionaries:
destructibility of contingent remainders — de·struc·ti·bil·i·ty of contingent remainders: a now largely abolished rule in the law of estates that a contingent remainder that fails to vest upon the termination of the preceding estate is destroyed see also executory interest at interest… … Law dictionary
destructibility — Capability of being destroyed by some action or turn of events or by operation of law. In estates, a characteristic of contingent remainders which requires them to have become vested remainders on or before the time they are to become possessory… … Black's law dictionary
destructibility — Capability of being destroyed by some action or turn of events or by operation of law. In estates, a characteristic of contingent remainders which requires them to have become vested remainders on or before the time they are to become possessory… … Black's law dictionary
interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim … Law dictionary
