Kiritsis & Associates
Kiritsis Law Group 212 922 0005
By: John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M
Generally, it refers to land interests, that are postponed, until the termination of some other interest. A remainder is virtually always regarded, as a future interest in most U.S. jurisdictions. Usually, there are 2 types of remainders in real property law: vested and contingent. A contingent remainder is held by a party which has either not yet identified and/or is subjected to a condition precedent being satisfied. On the other hand, a vested remainder is held by one specific person (already identified) and is not subjected to any condition precedent being satisfied. A remainder man is usually referred to as the party who stands to inherit and/or is entitled to inherit a property, when the former owner’s estate is terminated. A popular source of confusion when talking about remainders, is to think of it as smaller property, which may make sense because a layperson’s definition of ‘remainders’ is the leftover after a division (THIS IS NOT NECESSARILY TRUE!!!). A reminder could be the entire property, because it refers to legal ownership of a certain property, and NOT the size of the property itself.
Law Offices of Kiritsis & Associates
Phone # 212 922 0005
Manhattan Office (Main Office):
633 Third Avenue
New York, NY 10017
Brooklyn Office (By Appointment Only):
1023 74th Street
Brooklyn, NY 11228
New Jersey Office:
7309 Ventnor Avenue
Ventnor, NJ 08406
ATTORNEY ADVERTISING. PRIOR RESULTS DO NOT GUARANTEE A SIMILAR OUTCOME.
We hope you would find this website useful with regards to finding potentially relevant information for your legal issue. The Law Offices of Kiritsis & Associates PLLC is a boutique Law Firm Group headquartered in Midtown Manhattan, with offices in Manhattan, Brooklyn (NY) and New Jersey. We strive to provide professional legal services for individuals and various business entities. Our clientele ranges from including aspiring entrepreneurs, startups to established business organizations.
We offer flat fee prices for many of the practice areas provided listed throughout our website. For more information on the topic you may be interested, or simply to find out how our law Firm Group can help, you may click at any of our site's links.
We are available for existing and potentially new clients 7 days a week -- via online, phone and/or in person.
Intellectual Property Disclaimer(s):
The materials available through this website and any other websites owned by John Kiritsis (individually and collectively, the "Website") are the property of John Kiritsis and his entities, and are protected by copyright, trademark and other intellectual property laws. You may not use, reproduce, download, store, post, broadcast, transmit, modify, sell or make available to the public content from the Website without the prior written approval of John Kiritsis. Be aware that any unauthorized use of John Kiritsis trademarks and copyrighted content for commercial purposes in violation of John Kiritsis's intellectual property rights will be vigorously enforced. All other trademarks, service marks and trade names referenced in this site are the property of John Kiritsis.