Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 33. Property |
Chapter 2. ESTATES |
Article 1. Definitions and Classifications |
Sec 33-205. Vested future estates; contingent future estates
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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.