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The DC Code: § 42-512 Future estates--Vested and contingent.

Index42 Real Property. (Refs & Annos)

A future estate is vested when there is a person in being who would have an immediate right to the possession of the land upon the expiration of the intermediate or precedent estate, or upon the arrival of a certain period or event when it is to commence in possession. It is contingent when the person to whom or the event upon which it is limited to take effect in possession or become a vested estate is uncertain.

Historical and Statutory

Prior Codifications 1981 Ed., § 45-212. 1973 Ed., § 45-812. DC CODE § 42-512 Current through December 11, 2012

Credits

(Mar. 3, 1901, 31 Stat. 1351, ch. 854, § 1022.)