Estates Flashcards

1
Q

Remainder

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Contingent Remainder

A

There is some uncertainty

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Vested Remainder

A

A remainder is vested if it given to an ascertained person, and it is not subject to a condition OR subject to a contingency that occurred or to a condition that disappeared

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Indefeasibly Vested

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Life Estate and 3 Types of Waste

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly