Example: Joe leaves property "to Mike for life, and then to Mikes oldest surviving child"; since it is not known who will be Mikes oldest surviving child at the time of Mikes death, ownership of the property is a contingent remainder.
Wikipedia foundation.
contingent remainder — see remainder Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. contingent remainder … Law dictionary
contingent remainder — An estate in remainder under a limitation which is uncertain as to the person who is to take or as to the event upon which the preceding estate is to terminate, so that the preceding estate may terminate and yet the remainder never take effect.… … Ballentine's law dictionary
contingent remainder — /kənˌtɪndʒənt rəˈmeɪndə/ (say kuhn.tinjuhnt ruh maynduh) noun Law a future interest in property which comes into possession only on the happening of a contingency, as attaining the age of twenty one years …
remainder — re·main·der n [Anglo French, from Old French remaindre to remain] 1: an estate in property in favor of one other than the grantor that follows upon the natural termination of a prior intervening possessory estate (as a life estate) created at the … Law dictionary
contingent — con·tin·gent /kən tin jənt/ adj 1: likely but not certain to happen compare executory 2: intended for use in circumstances not completely foreseen a contingent fund 3: dependent on or conditioned by something else … Law dictionary
contingent interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. contingent interest … Law dictionary
remainder subject to a condition precedent — See: contingent remainder Category: Wills, Trusts & Estates Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 … Law dictionary
Remainder (law) — Property law Part of … Wikipedia
remainder — The remnant of an estate in land, depending upon a particular prior estate created at the same time and by the same instrument, and limited to arise immediately on the determination of that estate, and not in abridgement of it. A future interest… … Black's law dictionary
remainder — /ri mayn deuhr/, n. 1. something that remains or is left: the remainder of the day. 2. a remaining part. 3. Arith. a. the quantity that remains after subtraction. b. the portion of the dividend that is not evenly divisible by the divisor. 4. Math … Universalium
