§ 15-73-307 - Divestiture of contingent remaindermen's title. - Arkansas Statutes

15-73-307. Divestiture of contingent remaindermen's title.

The order of the court fixing the proportionate part of the minerals allowed to the life tenant as compensation for damages, and the order confirming the execution of the lease, shall operate to:

(1) Work a divestiture of title of the contingent remaindermen, and each of them, in and to the proportionate part of the minerals allowed to the life tenant, absolutely, and in and to the leasehold estate insofar as the interest is conveyed by the lease; and

(2) Free the respective interests of any limitations, restrictions, or conditions imposed by the original will or deed.