estate on condition

An estate that vests, is modified, or is defeated upon the occurrence or nonoccurrence of some specified event.

• While an estate on limitation can revert without any action by the grantor or the grantor’s heirs, an estate on condition requires the entry of the grantor or the grantor’s heirs to end the estate whenever the condition occurs.

— Also termed estate on conditional limitation; conditional estate.

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词条贡献者

法律翻译Lester，毕业于英国一流的高级翻译学院，专注翻译各类与消费者与零售产品有关的法律文件。