remainderman: meaning, definition, pronunciation and examples

Yes, a vested remainderman's future interest is often a legally recognized property right that can be sold, gifted, or inherited, though its market value is typically discounted because possession is deferred.

A vested remainderman's right to the property is certain to occur, with no conditions precedent other than the end of the prior estate. A contingent remainderman's right depends on an uncertain future event (e.g., 'to my daughter if she graduates from university').

Typically, very few. The remainderman usually cannot use or occupy the property. However, they have the right to prevent the life tenant from committing 'waste'—i.e., actions that permanently damage or devalue the property.

Traditionally, no. 'Remainderman' is masculine but was used generically. Modern legal drafting increasingly uses gender-neutral terms like 'remainder beneficiary,' 'remainderperson,' or simply 'remainder.'

A person who is entitled to receive the remainder interest in a piece of property or an estate after the termination of a prior estate, such as a life estate.

Remainderman is usually formal, technical, legal in register.

Remainderman: in British English it is pronounced /rɪˈmeɪndəmæn/, and in American English it is pronounced /rɪˈmeɪndərˌmæn/. Tap the audio buttons above to hear it.