October 10, 2005

A Special kind of confusion

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 | TrackBack
Comments

I 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 PM

Amen! 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 AM

I 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
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