Abo Petroleum Corporation v. Amstutz
New Mexico Supreme Court
600 P.2d 278 (1979)
If a prior estate terminates before the occurrence of a contingency, the contingent remainder is not destroyed.
Relevant Facts
The Turknetts executed deeds giving life estates to their daughters with remainders to the daughters’ heirs. Later deeds purported to convey absolute title. Abo Petroleum (plaintiff) bought properties from the daughters, but the daughters’ children (defendants) claimed they still owned the contingent remainders.
Issue
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Holding & Reasoning
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Concurrence
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Dissent
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Last updated:
December 8, 2023
Judicial Opinion
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Procedural History
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Citations
600 P.2d 278 (1979)