Arizona Revised Statutes § 33-205 Vested Future Estates; Contingent Future Estates

33-205. Vested future estates; contingent future estates

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.

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Last modified: October 13, 2016