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VESTED REMAINDER

VESTED REMAINDER

by Law Professor

(A) The unconditional right of a person to receive real property at some point in the future (as the remainder person) when a person dies. (B) estates. One by which a present interest passes to the party, though to be enjoyed in future, and by which the estate is invariably fixed to remain to a determinate person, after the particular estate has been spent. By this phrase is … [Read more...] about VESTED REMAINDER

VESTED OWNERSHIP

by Law Professor

When and where ownership of property or a right are complete. … [Read more...] about VESTED OWNERSHIP

VESTED INTEREST

by Law Professor

An interest that has reached a state of recognition and is valid. … [Read more...] about VESTED INTEREST

VESTED

by Law Professor

Accrued; fixed; settled; absolute; having the character or giving the rights of absolute ownership; not contingent; not subject to be defeated by a condition precedent. Vested devise. See DEVISE. Vested estate. Any estate, property, or interest is called "vested," whether in possession or not, which is not subject to any condition precedent and unperformed. The interest may be … [Read more...] about VESTED

VESTA

by Law Professor

The crop on the ground. Cowell. … [Read more...] about VESTA

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