future interests

An alternative contingent remainder occurs when the same property is subject to two contingent remainders with opposite conditions precedent such that one of them will always take effect. 

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“Ascertained” means something is found out with certainty, it is used after the “ascertain” is finished. “Ascertain” means to make certain; to establish with certainty, by the finding and judgment or decree of the court. 

For example: 

• property
• future interests

Blackacre refers to a fictional plot of land which is often used in examples when teaching or explaining property law concepts. In examples where more than one plot of land is necessary, Blackacre is often paired with fellow fictional plot of land Whiteacre. 

[Last reviewed in June of 2022 by the Wex Definitions Team]

• property
• future interests

Collaterals are relatives who descend from a common ancestor, other than direct ancestors and issue. Examples of one’s collaterals would be relatives such as uncles, aunts, or cousins. On the other hand, one’s ancestors are parents, grandparents, great-grandparents. 

[Last reviewed in July of 2022 by the Wex Definitions Team]

• property
• future interests

A duty to repair, generally, refers to the duty of a life tenant to maintain the property in a reasonable state of repair.

• property
• future interests

Estates with a freehold are those that last for eternity.

• property
• future interests

In property law, future interest is the right to possess property in the future. 

• property
• future interest
• future interests
• Real Property

A nonfreehold estate is an estate which gives the right to possess the property but not title to hold the property.

• property
• future interests

A that the

• property
• future interests

A rule of law that may apply to certain . Prohibited the conveyance of a future interest to the heirs of the

• property
• future interests