VESTED REMAINDER


Meaning of VESTED REMAINDER in English

noun

: a remainder granted or devised by the owner of a fee to a then ascertainable existing person who has or whose heirs or devisees have the present legal right to enter into possession and enjoy the estate upon the termination of a preceding freehold estate (as a life estate fee tail)

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.