Edith's grandfather conveyed to Edith the right to the family farm after her grandmother dies. This is called:

A) a possibility of a reverter.
B) a reversionary interest.
C) a vested remainder.
D) a contingent remainder.

Vested Remainder

A future interest in property that is secured to a particular person and will become possessory upon the expiration of a prior estate without any conditions attached.

Reversionary Interest

A future interest in property that returns to the original owner or the owner's heirs after the expiration of a temporary estate.

Contingent Remainder

A future interest in real property that depends on the occurrence of an uncertain event before it becomes possessory.