What is an accruer clause?
Definition: A clause of accrual, also known as a clause of accruer, is a provision commonly found in a gift by will or in a deed between tenants in common. This clause grants the shares of a predeceasing beneficiary to the surviving beneficiary. Example: John and Jane own a property as tenants in common.
Definition: A clause of accrual, also known as a clause of accruer, is a provision commonly found in a gift by will or in a deed between tenants in common. This clause grants the shares of a predeceasing beneficiary to the surviving beneficiary. Example: John and Jane own a property as tenants in common.
