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Từ vựng:

vested remainder

Giải nghĩa:

/vɛstɪd rɪˈmeɪndər/ – Phrase


Definition: quyền sở hữu được kế tục ngay.

A more thorough explanation: A vested remainder is a legal term referring to a future interest in real property that is certain to become possessory upon the expiration of a prior estate, without any conditions attached. In other words, a vested remainder is a present interest in property that is guaranteed to be received by a specific individual or entity in the future, once a particular event or condition occurs.

Example: Upon the death of the grantor, the property will pass to the grantor’s grandchildren as a vested remainder, subject to the condition that they reach the age of 25.

 

 
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