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All main topics / Law / Property / Property
Contingent Remainder
1. subject to condition precedent; or

2. created in favor of person unborn or unascertained

Condition precedent- makes remainder contingent
(if condition is incorporated into clause which gives gift to remainderman, remainder is contingent)

Condition subsequent- makes remainder vested
(but if one clause created remainder and a separate subsequent clause takes the remainder away, remainder is vested (subject to divestment by condition subsequent)

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Flashcard info:
Author: jackielen
Main topic: Law
Topic: Property
Published: 17.04.2010




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