Remainderman


Definition of "Remainderman"

Wayne  Hemmerich
  RE/MAX Realty One

The individual who receives an interest in a life estate after the original life
tenant's interest expires. This normally occurs after the death of the life tenant. For example,
Mrs. Smith received a life estate in her husband's home. Her son was chosen as the remainderman
after her death to the life estate.



Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ