33-205. Vested future estates; contingent future estates
57 words·~1 min read·
/az/title-33/33-205A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. A future estate is vested when there is a person in being who would have immediate right to the possession of the lands upon the termination of the intermediate or precedent estate.
B. A future estate is contingent while the person to whom, or the event upon which it is limited to take effect, remains uncertain.