Jessica, a landowner, conveys her property to her daughter, Emma, granting Emma a life estate. The conveyance states that upon Emma's death, the property will go to Emma's brother, Liam, provided that Liam is at least 30 years old at the time of Emma's death. If Liam is currently 25 years old, what type of future interest does Liam hold in this conveyance?
Liam's future interest is a contingent remainder because it depends on a condition being met (Liam reaching 30 years old by the time Emma dies). A vested remainder would not require such a condition, and an executory interest involves shifting the interest to a third party upon a condition. Reversion refers to the interest returning to the grantor.
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