Estate on conditional limitation

Definition of Estate on conditional limitation

An estate conveyed to one person so that, upon occurrence or failure of occurrence of some contingent event, whether conditional or limitative, the estate shall depart from original grantee and pass to another. Caipender v. City of New Brunswick, 135 N.J.Eq. 397, 39 A.2d 40, 43.

That's the definition of Estate on conditional limitation in Black's Law Dictionary 6th Edition. Courtesy of