destructibility of contingent remainders
- destructibility of contingent remainders
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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
Merriam-Webster’s Dictionary of Law.
Merriam-Webster.
1996.
Look at other dictionaries:
Destructibility of contingent remainders — Property law Part of t … Wikipedia
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