Remaining; left; left over; refuse.
An estate in real property to take effect and be enjoyed after another estate has terminated, such as a life estate. The holder of this estate is someone other than the grantor of the life estate and is called the "remainderman."
(2) The amount left over when things are divided into equal shares. In the division number model "16 ÷ 3 = 5 r1" the remainder is 1.
With respect to reinsurance, that part of a risk to be reinsured after deducting the amount the ceding company keeps in its own account. Also, the estate in property created simultaneously with one or more other estates by a single grant and consisting of the rights and interest contingent upon and remaining after the termination of the other estate (such as the remainder following a life estate, both created simultaneously).
A book that is left over from publisher's stock and usually offered at reduced price.
The number that is left over when the number cannot be divided evenly into the number.
What passed from a trust to a person other than the grantor of the trust after all life interests have terminated.
The remnant of an estate that has been conveyed to take effect and be enjoyed after the termination of a prior estate; for instance, when an owner conveys a life estate to one party and the remainder to another. (For the case in which the owner retains the residual estate, see reversion.)
The amount left in an estate or trust after expenses and prior beneficiaries have been paid.
what remains out of an interest or real estate after the subtracting of all costs or when the original tenant or owner has passed away.Remainders also used to describe a type of property that may eventually in the future become an estate in land.
An interest or estate in land in a person other than the grantor in which the right of possession and enjoyment of the land is postponed until the termination of some other interest or estate in that land.
Returns the remainder of a division.
something left after other parts have been taken away; "there was no remainder"; "he threw away the rest"; "he took what he wanted and I got the balance"
a piece of cloth that is left over after the rest has been used or sold
a future interest but a very real one
a future interest which can become possessory only upon the expiration of a prior possessory interest , created by the same instrument
a type of future interest
In charitable gifts, that's what is left when the gift plan ends. The remainder is what passes to St. Lawrence.
The amount left over when a number cannot be divided equally.
What is left over after a number is divided into another number. For instance, in 12 divided by 5, the remainder is two.
The number that is left over in a division problem if the dividend was not evenly divisible by the divisor.
an estate in expectation, i.e. the words which indicate that a person will inherit, e.g. the property is transferred to A and his heirs, and in the event of there being no heirs, the remainder to B (therefore B will inherit instead)
An interest in land that is postponed until the termination of some other interest such as a LIFE ESTATE. Compare, FEE SIMPLE.
an estate that takes effect after the termination of a prior estate, such as a life estate.
A future interest in someone other that the grantor; a remainder follows a life estate.
Interest in an estate to come into effect after a certain other event happens (similar to reversion)
Future interest in real property. It is an estate that takes effect after termination of the prior estate, such as a life estate.
The interest in property that will be received by the remainderman after the interest of someone with a life estate or term of years has expired.
An interest in property that only arises once another interest ends.
In a trust, the portion of the principal left after the income interest has been paid to the beneficiary(ies). A charitable remainder trust pays income to the donor or other individuals and then passes its remainder to us.
An estate or interest in land which comes into being upon the termination of an existing estate or interest. When a grantor conveys a life estate to "a" with remainder to "b," it means that "a" has a part of the absolute title and "b" has the remainder. Also, that "a" will own the property during his natural life, but at his death, instead of the property going to "a's" heirs or devisees, it goes to "b."
The portion of the dividend that is not evenly divisible by the divisor.
An estate that vests after the termination of the prior estate, such as after a life estate. Example: A life estate may be granted to Adams, with the remainder granted to Baker. Most commonly, an estate (future interest) that arises in favor of a third person after a life estate. Back to the Top
"An expectant portion, residue, remnant or interest limited over to another when a particular estate is created so that that person may enjoy it after the estate is determined." Dukelow
The right of future possession and use that goes to someone other than the grantor upon termination of a life estate.
The remainder is the part part of the answer in long division that does not go evenly into the divisor. The dividend divided by the divisor is the quotient plus the remainder.
The assets remaining in an estate for a beneficiary or heir, after an income or other temporary interest has ended.
A term used to describe the stock a publisher is left with after a print run
An interest in property which is to take effect in possession immediately after the expiration of a prior estate which is usually a life estate.
the part of the estate that is left after a prior interest ends
A right to the capital of an asset that is subject to the life interest of another person.
An estate that takes effect when the prior estate has terminated.
A right to future enjoyment or ownership of real property. The "left-over" after property has been conveyed first to another party. A remainder interest is what if left-over after a life estate has run its course. Contrary to a reversion, a remainder does not go to the grantor or his (or her) heirs.
In whole number division, when you have divided as far as you can without using decimals, what has not been divided is the remainder. If the remainder is 0, there is no remainder.Example: When you divide 14 by four you get a remainder of 2.
An interest or estate that remains after all costs have been deducted or when the original life tenant has died.
An estate which vests after the termination of the prior estate, such as a life estate. It is created at the same time and by the same instrument as another estate and limited to arise immediately upon the termination of the other estate.
Property remaining in a trust at the time it terminates or at the end of a life estate.
A number 'left over' from a long division problem. In the problem, 61÷4, the answer is 25 with a remainder of 1, or 1r.
The future interest in an estate which takes effect after the termination of another estate, such as a life estate; what is left at the termination of a life estate
In arithmetic, the result of the division of two integers usually cannot be expressed with an integer quotient, unless a remainder —an amount "left over"— is also acknowledged.
A remainder in Property Law is a future interest created in a transferee (usually referred to as the remainderman) that is capable of becoming possessory upon the natural termination of a prior estate created by the same instrument. For example, D devises Blackacre “to A for life, and then to B and her heirs.†A receives a life estate in Blackacre and B holds a remainder which is capable of becoming possessory when the prior estate naturally terminates (A’s death). However, B cannot claim the property until A's death.
