Remote vesting

Remote vesting – this term applies in the area of Real Estate Law in some legal systems, where it details a transfer of ownership of property, which act has been delayed in time for some reason. The remote vesting can occur on the base of various reasons – not discovered inheritance, or due to impossibility of a recipient to acquire the title. The origin of the term is the word “remote”, which literally means “far, not close, distance (in time for example)”

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