Edith's grandfather conveyed to Edith the right to the family farm after her grandmother dies. This is called:
A) a possibility of a reverter.
B) a reversionary interest.
C) a vested remainder.
D) a contingent remainder.

Question

Quizplus · Accepted Answer

A vested remainder is the correct term because it is a future interest given to a specific person (Edith) that is certain to become possessory upon the expiration of the prior estate (after her grandmother dies), and not subject to any condition precedent beyond the natural termination of the prior estate.

Edith's Grandfather Conveyed to Edith the Right to the Family