Ownership, which commonly relates to real estate, that will be given to a person only if a number of other circumstances are met when a title-holder passes away. An example of this could be that ownership is only passed on should a person accept other responsibilities first.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser