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LSDefine

Simple English definitions for legal terms

remainder estate

Read a random definition: familiae emptor

A quick definition of remainder estate:

A remainder estate is when someone else gets the property after the person who has it now dies or their time with it ends. For example, if someone gives their house to their friend for their lifetime, and then to their friend's child, the child has a remainder estate. There are different types of remainder estates, like a vested remainder (when the person who will get the property is already known) or a contingent remainder (when it depends on something happening first).

A more thorough explanation:

A remainder estate is a future interest in a third person who is intended to take after the natural termination of the preceding estate. For example, if a grant is “to A for life, and then to B,” B's future interest is a remainder. The remainder estate arises in someone other than the estate's creator, its initial holder, or the heirs of either.

There are different types of remainder estates, such as:

The examples illustrate how the remainder estate works in different situations. For instance, a vested remainder is given to a known person, and the interest is not subject to any conditions. On the other hand, a contingent remainder is given to an unknown person or made subject to a condition precedent. The remainder estate is an essential concept in property law, and it helps to determine who will inherit the property after the initial holder's death.

remainderer | remainder indefeasibly vested

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HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
13:18
i’m in the same boat mastermonkey but with lower stats. i hope i hear back by mid march
CheeseIsMyLoveLanguage
13:24
@mastermonkey45: Looking at some of the recent decisions in relation to when they went complete, I'd say it's a good sign. It seems many declines were sent within about 5-6 weeks of completion. Given those were applications that were SENT in January, I'd say that means you're still solidly in the running. :)
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