Class Gifts — Rule of Convenience

A class closes when any member can demand distribution (rule of convenience). No person born after the class closes may share in the gift. The rule is applied to avoid impractical delays, not to defeat the grantor's intent.

Related Present Estates & Future Interests rules

• Fee Simple AbsoluteA fee simple absolute is an estate of potentially infinite duration with no conditions or limitations. It is freely…
• Defeasible Fees — OverviewA defeasible fee is a fee simple that may be terminated upon the occurrence of a stated event. The three types are:…
• Fee Simple DeterminableA fee simple determinable automatically terminates and reverts to the grantor upon occurrence of a stated event.…
• Fee Simple Subject to Condition SubsequentA fee simple subject to condition subsequent does not automatically terminate upon breach; the grantor must exercise a…
• Fee Simple Subject to Executory LimitationA fee simple subject to executory limitation automatically terminates upon occurrence of a stated event and passes to…
• Life EstateA life estate is an estate measured by the life of the holder (life tenant) or another person (estate pur autre vie).…
• Remainders — Vested and ContingentA remainder is a future interest in a third party that becomes possessory upon natural expiration of the prior estate.…
• Executory InterestsAn executory interest is a future interest in a third party that cuts short a prior estate rather than following its…

Part of Real Property on Core Legal Rules — foundational MBE-tested principles with primary-source citations.