Estate in Remainder

Definition: A future interest created in a person other than the grantor to take possession after a preceding estate ends, subject to its terms.

Example

An owner conveys property to one person for life and then to a named child in remainder.

Keep the distinction clear

A remainder differs from a reversion retained by the grantor. Remainders can be vested or contingent, depending on the language and conditions.

Related terms

Estate in Reversion · Life Estate · Grantee

Keep studying

Freehold vs. Leasehold Estates: How to Tell Them Apart

References: California DRE: real estate glossary

Pronunciation (US): ih-STAYT in ree-MAYN-der (capitals show stress)

Pronunciation reference: Merriam-Webster