REMAINDER


Meaning of REMAINDER in English

A right to future enjoyment or ownership of real property. The "left-over" after property has been conveyed first to another party. A remainder interest is what if left-over after a life estate has run its course. Contrary to a reversion, a remainder does not go to the grantor or his (or her) heirs.

Duhaime's Law English dictionary.      Английский юридический словарь Duhaime .