Section 42-511 - Future estates-Remainder and conditional limitation

Future estates-Remainder and conditional limitation

If it is to commence upon the full expiration of such precedent estate, it is a remainder and may be transferred by that name. If it is to commence on a contingency which, if it happen, will abridge or determine such precedent estate before its expiration, it shall be known as a conditional limitation.

CREDIT(S)

(Mar. 3, 1901, 31 Stat. 1351, ch. 854, § 1021.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 45-211.
1973 Ed., § 45-811.

Current through September 13, 2012