Remainder subject to a condition precedent is also known as a contingent remainder. It refers to future interest in property that will pass to a person or entity only if certain circumstances exist at the time of the title-holder's death or will pass to an unknown person or entity. Examples of potential circumstances include surviving one’s brother or still operating the family’s farming business.
See also: contingent remainder
[Last updated in September of 2021 by the Wex Definitions Team]