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Từ vựng:

contigent remainder

Giải nghĩa:

/kənˈtɪndʒənt rɪˈmeɪndər/ – Phrase


Definition: quyền lợi chờ có điều kiện.

A more thorough explanation: A contingent remainder is a future interest in real property that is created in a third party and is contingent upon the happening of a specified event or condition. If the event or condition does not occur, the contingent remainder may never become possessory.

Example: In the event that the primary beneficiary passes away without any living descendants, the property will then pass to the contingent remainder beneficiary named in the trust document.