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Terms Used In Missouri Laws 442.480

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.

Where a remainder in lands or tenements, goods or chattels, shall be limited, by deed or otherwise, to take effect on the death of any person without heirs, or heirs of his body, or without issue, or on failure of issue, the words “heirs” or “issue” shall be construed to mean heirs or issue living at the death of the person named as ancestor.