remainder subject to open

A vested remainder that is given to a class of persons whose numbers may change over time and that is to be shared equally by each member of the class.

• An example is “to A for life, and then equally to all of B’s children.” The class must have at least one member, but more can be added over time.

— Also termed remainder subject to partial divestment; remainder vested subject to open.


专业法律词汇 词条贡献者
资深译员Michael,毕业于一所培养高级翻译以及跨文化事务专家的精英大学,专注翻译各种与商业地产租赁有关的法律文件。
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