6-5.2 – Power of Appointment Not to Prevent Vesting
§ 6-5.2 Power of appointment not to prevent vesting The existence of an unexecuted power of appointment does not prevent the vesting of a future estate, limited in default of the execution of the power.
6-5.3 – Future Estates in the Alternative
§ 6-5.3 Future estates in the alternative Two or more future estates may be created to take effect in the alternative, so that if the first in order fails to vest, the next in succession is substituted for it and takes effect accordingly.
6-5.4 – Implication of Cross Remainders Between Tenants in Common
§ 6-5.4 Implication of cross remainders between tenants in common When a limitation, if contained in a will, would create a tenancy in common, with implied cross remainders, a like limitation, if contained in a deed, has the same effect.
6-3.3 – Concerning the Creation of Certain Future Estates
§ 6-3.3 Concerning the creation of certain future estates (a) Subject to the provisions of article 9: (1) An estate may be created to commence at a future time. (2) An estate for life may be created in a term of years and a future estate limited thereon. (3) A future estate may be limited […]
6-3.4 – When Future Estates Are Created
§ 6-3.4 When future estates are created A future estate is created when the disposition creating it becomes legally effective.
6-4.1 – Definition of an Estate in Possession
§ 6-4.1 Definition of an estate in possession An estate in possession is an estate which entitles the owner to the immediate possession of property.
6-4.2 – Definition of a Future Estate
§ 6-4.2 Definition of a future estate A future estate is an estate limited to commence in possession at a future time, either without the intervention of a precedent estate or on the determination, by lapse of time or otherwise, of a precedent estate created at the same time.
6-4.3 – Definition of a Remainder
§ 6-4.3 Definition of a remainder A remainder is a future estate, as defined in 6-4.2, created in favor of a person other than the creator.
6-4.4 – Definition of a Reversion
§ 6-4.4 Definition of a reversion A reversion is the future estate, other than a possibility of reverter and a right of reacquisition, left in the creator or in his successors in interest upon the simultaneous creation of one or more lesser estates than the creator originally owned.
6-4.5 – Definition of a Possibility of Reverter
§ 6-4.5 Definition of a possibility of reverter A possibility of reverter is the future estate left in the creator or in his successors in interest upon the simultaneous creation of an estate that will terminate automatically within a period of time defined by the occurrence of a specified event.