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destructibility of contingent remainders

destructibility of contingent remainders. Property. The common-law doctrine requiring a future interest to vest by the time it is to become possessory or else suffer total destruction (the interest then reverting to the grantor). The doctrine could be avoided by the use of trustees to preserve contingent remainders. • This doctrine has been abolished in

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remainderman

remainderman. A person who holds or is entitled to receive a remainder. — Also termed remainderer; remainderperson; remainor. [Cases: Remainders 1. C.J.S. Estates §§ 70–71, 77, 79, 81–82.] ulterior remainderman. A third party whose future interest in a property vests only if all the preceding reciprocal interests expire. See cross-remainder under REMAINDER.

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