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All main topics / Law / Property / Property
Future interest created in transferee (3rd party)
1. Indefeasible vested remainder

2. Vested remainder subject to divestment

3. Vested remainder subject to open

4. Contingent remainder

5. Executory interest:
     a.  Must divest- do not wait patiently- opposite of remainder
     b.  Springing executory interest (divests the transferor)
     c.  Shifting executory interest (divests transferee)
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Flashcard info:
Author: jackielen
Main topic: Law
Topic: Property
Published: 17.04.2010




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