A contingent interest is an interest which is uncertain, either as to the person who will enjoy it in possession or as to the event on which it will arise. 57 Am J1st Wills § 1217.[1]
A future interest is contingent where the person to whom or the event upon which it is limited to take effect in possession or become a vested estate is uncertain. Caine v Payne, 86 App DC 404, 182 F2d 246, 20 ALR2d 823. If the condition upon which a future interest depends is precedent, the interest is contingent; if the condition is subsequent, the interest is vested, subject to defeasance. Anno: 131 ALR 712.
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^"contingent interest". Academic Dictionaries and Encyclopedias. Retrieved 2019-06-06.
April 15, 2024
contingent, interest, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, june,. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Contingent interest news newspapers books scholar JSTOR June 2019 Learn how and when to remove this template message A contingent interest is an interest which is uncertain either as to the person who will enjoy it in possession or as to the event on which it will arise 57 Am J1st Wills 1217 1 A future interest is contingent where the person to whom or the event upon which it is limited to take effect in possession or become a vested estate is uncertain Caine v Payne 86 App DC 404 182 F2d 246 20 ALR2d 823 If the condition upon which a future interest depends is precedent the interest is contingent if the condition is subsequent the interest is vested subject to defeasance Anno 131 ALR 712 References edit contingent interest Academic Dictionaries and Encyclopedias Retrieved 2019 06 06 Retrieved from https en wikipedia org w index php title Contingent interest amp oldid 953286747, wikipedia, wiki, book, books, library,
