intermediate estate

intermediate estate
An estate intervening the interest giving a right of present possession and the remote future interest, the effect of which is to prevent a merger of such present and future interests to create a fee simple. 28 Am J2d Est § 374.

Ballentine's law dictionary. . 1998.

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  • vested future estate — An estate which exists when there is a person in being who would have an immediate right to the possession of the lands upon the ceasing of the intermediate or precedent estate. Palmer v Dunham, 52 Hun 468, 471, 6 NYS 46. See vested remainder …   Ballentine's law dictionary

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  • merger — The fusion or absorption of one thing or right into another; generally spoken of a case where one of the subjects is of less dignity or importance than the other. Here the less important ceases to have an independent existence. Contract law. The… …   Black's law dictionary

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