Property Ownership
A Florida property owner conveys property 'to my daughter Sarah for life, then to my grandchildren equally.' The grandchildren have which type of future interest?
AA reversion
BA possibility of reverter
CA vested remainder✓ Correct
DA contingent remainder
Explanation
The grandchildren have a vested remainder — a present fixed right to receive the property in the future, after Sarah's life estate ends. It is 'vested' because the holders (grandchildren) are ascertainable and there are no conditions precedent other than the natural termination of the prior estate. A contingent remainder would require some additional condition beyond the life tenant's death.
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