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contingent estate:
(17c)
1. An estate that vests (transfers in ownership) only if a specified event does or does not happen. — aka estate on contingency; estate on condition; estate upon condition. Cf. estate on condition. [1]
1. An estate limited so that the person to whom or the event upon which it is to take effect remains uncertain. 33 Am J2d Attys § 214. [2]
1. An estate in land that is uncertain because it is dependent upon the happening of a future event. EXAMPLE: a contingent remainder. [3]
References:
Disclaimer: All material throughout this website is compiled in accordance with Fair Use.
[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4
[2]: Ballantine’s Law Dictionary with Pronunciations Third Edition by James A. Ballantine (James Arthur 1871-1949). Edited by William S. Anderson. © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY. Library of Congress Catalog Card No. 68-30931
[3]: Ballantine’s Law Dictionary Legal Assistant Edition
by Jack Ballantine (James Arthur 1871-1949). Doctored by Jack G. Handler, J.D. © 1994 Delmar by Thomson Learning. ISBN 0-8273-4874-6.
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