Assertion: vested remainder | /r/HasProperty | future interests
Facets:
value: to an ascertained person
type: TRANSITIVE-OBJECT
value: with possibility
type: OTHER
value: with the certainty
type: OTHER
Source sentences:
text: Vested remainders are future interests that are not subject to limiting conditions that are bestowed on living, named persons.
text: A vested remainder is a future interest to an ascertained person, with the certainty or possibility of becoming a present interest subject only to the expiration of the preceding property interests.
text: Vested remainders are those future interests in which ultimate ownership of the property by the remainderman is certain, while contingent remainders refer to those future interests for which possession of the asset by the remainderman not only depends on the termination of the life estate but also the occurrence of other events.