contingent estate, interest or right

contingent estate, interest or right
An estate, interest or right which depends for its effect upon an event which may or may not happen. A contingent estate is one which is conditioned upon the existence of persons who answer the description of takers but who cannot be ascertained until the termination of a precedent or particular estate because the right to take is contingent upon the fact of their being alive or having survived until that time or upon the happening of some other uncertain event. Houston v. Harberger, Tex.Civ.App., 377 S.W.2d 673, 678

Black's law dictionary. . 1990.

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  • contingent estate, interest or right — An estate, interest or right which depends for its effect upon an event which may or may not happen. A contingent estate is one which is conditioned upon the existence of persons who answer the description of takers but who cannot be ascertained… …   Black's law dictionary

  • interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …   Law dictionary

  • estate — es·tate /i stāt/ n [Anglo French estat, literally, state, condition, from Old French, from Latin status, from stare to stand] 1: the interest of a particular degree, nature, quality, or extent that one has in land or other property compare fee;… …   Law dictionary

  • contingent — con·tin·gent /kən tin jənt/ adj 1: likely but not certain to happen compare executory 2: intended for use in circumstances not completely foreseen a contingent fund 3: dependent on or conditioned by something else …   Law dictionary

  • estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… …   Black's law dictionary

  • estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… …   Black's law dictionary

  • interest — Synonyms and related words: absolute interest, absorb, absorption, accent, accrued dividends, accumulated dividends, acquisitiveness, activities, activity, advantage, advocacy, aegis, affair, affairs, affect, affect the interest, agacerie,… …   Moby Thesaurus

  • right — Synonyms and related words: Bill of Rights, Bircher, Bourbon, Christian, Declaration of Right, Epistle side, Magna Carta, Magna Charta, OK, Petition of Right, Roger, Tory, a propos, absolute, absolute interest, absolute power, absolutely,… …   Moby Thesaurus

  • contingent interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. contingent interest …   Law dictionary

  • interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …   Black's law dictionary

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