{"id":16480,"date":"2018-06-11T04:18:50","date_gmt":"2018-06-11T04:18:50","guid":{"rendered":"https:\/\/reunitethestates.org\/?page_id=16480"},"modified":"2018-06-11T04:18:50","modified_gmt":"2018-06-11T04:18:50","slug":"estate-on-condition-an-contingent-estate-in-land-that-vests-is-modified-or-is-defeated-upon-the-occurrence-or-non-occurrence-of-some-specified-event","status":"publish","type":"page","link":"https:\/\/reunitethestates.org\/?page_id=16480","title":{"rendered":"estate on condition – an (contingent) estate in land that vests, is modified, or is defeated upon the occurrence or non-occurrence of some specified event"},"content":{"rendered":"

\u00a0 \u00a0 \u00a0This page is also continued from\u00a0\u00a0Property<\/a>>>>>\u00a0Interest<\/a>\u00a0>>>> Estate<\/a>\u00a0>>>> Estate in Land<\/a>\u00a0>>>> Contingent Estate<\/a>:<\/strong><\/span><\/p>\n

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estate on condition<\/span>:<\/span><\/strong>
\n(18c)<\/span><\/p>\n

1. An estate that vests<\/a>, is modified, or is defeated upon the occurrence or non-occurrence of some specified event. \u00a0* \u00a0While an estate on limitation can revert without any action by the grantor or the grantor\u2019s heirs, an estate on condition requires the entry of the grantor or the grantor\u2019s heirs to end the estate whenever the condition occurs.<\/strong> \u2014\u00a0aka estate on conditional limitation<\/span><\/strong><\/em>; conditional estate<\/strong><\/em><\/span>; estate upon condition<\/span><\/strong><\/em>. \u00a0Cf. estate on limitation. [1]<\/span><\/span><\/span><\/p>\n

1. An estate in real property<\/a> with a qualification annexed by which it may, on the happening of a particular event, be created, enlarged, or destroyed. Munro v Syracuse L.S. & N. R. R. Co<\/em>. 200 NY 224, 93 NE 516<\/span>.<\/span><\/strong><\/span><\/p>\n

The conditions annexed to estates are those implied by law and those expressed in the grant or devise which creates the estate. \u00a0Express conditions are those declared or set forth in the instrument creating an estate or superimposed by a collateral agreement. \u00a0Conditions implied in law are those which the law itself annexes to either certain estates or estates held under certain circumstances. 28 Am J2d Est\u00a0\u00a7 132<\/span>.\u00a0<\/span><\/strong><\/span>
\n\u00a0 \u00a0 \u00a0See fee conditional<\/em>. [2]<\/span><\/p>\n

1. An estate whose existence, enlargement, or termination is conditioned upon the happening of a particular event. \u00a0Such conditions are either expressed in the deed, will, or other instrument that creates the estate, or they are implied by law. \u00a0An estate upon condition is also referred to as a conditional estate.<\/span><\/strong>
\n\u00a0 \u00a0 \u00a0See also limitation of estate<\/em>. [3]<\/span><\/p>\n

References:<\/span><\/span><\/strong><\/p>\n

Disclaimer:<\/span><\/span><\/strong> All material throughout this website is compiled in accordance with Fair Use<\/a>.<\/span><\/strong><\/p>\n

[1]: Black’s Law Dictionary <\/a><\/span><\/strong>Deluxe<\/b><\/span><\/a><\/em> Tenth<\/b><\/span><\/a><\/em> Edition<\/b><\/span><\/a><\/em> by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4 <\/span><\/strong><\/p>\n

[2]: Ballantine\u2019s Law <\/a><\/span><\/strong>Dictionary\u00a0<\/b><\/span><\/a><\/strong>with<\/b><\/span><\/a><\/em> Pronunciations<\/b><\/span><\/a><\/em> Third Edition<\/a>\u00a0by James A. Ballantine\u00a0<\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/span><\/em>Edited by William S. Anderson.\u00a0\u00a0\u00a9 1969 by THE LAWYER\u2019S CO-OPERATIVE PUBLISHING COMPANY.\u00a0 Library of Congress Catalog Card No. 68-30931<\/span><\/strong><\/p>\n

[3]:\u00a0\u00a0Ballantine\u2019s Law Dictionary <\/a><\/span><\/strong>Legal<\/b><\/span><\/a><\/em> Assistant<\/b><\/span><\/a><\/em> Edition<\/b><\/span><\/a><\/em>
\nby Jack Ballantine\u00a0<\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/span><\/em>Doctored<\/span><\/a><\/strong>\u00a0<\/span><\/em>by\u00a0Jack G. Handler,\u00a0J.D.<\/a>\u00a0\u00a9 1994 Delmar by Thomson Learning.\u00a0 ISBN 0-8273-4874-6.<\/span><\/strong><\/p>\n

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