A nonvested interest is valid under the Rule if it must timely vest. For this purpose, a vested remainder subject to open vests when the class closes; a contingent remainder in a class vests when the class closes and all conditions precedent for each and every member of the class occur; a springing executory interest vests when the interest becomes possessory and a shifting executory interest vests when it either becomes a possessory or becomes a vested remainder.
Posted by Kara at October 10, 2005 07:45 PM | TrackBackI thought this weblog was written in English, but I don't understand this post at all. Maybe it's weblog spam....
Posted by: Eric Albert at October 10, 2005 09:38 PMAmen! Actually, after spending about four hours on property last night, which didn't include more than ten pages of new reading, I understand the first two parts of the sentence. I might have gotten to the last two parts but I fell asleep on the couch. =P
Posted by: Kara at October 11, 2005 05:51 AMI started reading that and I couldn't even stay awake to finish it. I could never do what you do, quite amazing.
Posted by: Nick at October 12, 2005 06:08 PM