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All main topics / Law / Property / Property
70
Vested Remainder
1. no condition precedent attached

2. person holding it already born

3. Waits patiently (must wait until whatever is before it terminates)

Condition subsequent- makes remainder vested
(if one clause created remainder and a separate subsequent clause takes the remainder away, remainder is vested (subject to divestment by condition subsequent))

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Flashcard info:
Author: jackielen
Main topic: Law
Topic: Property
Published: 17.04.2010

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