 | Law reports, digests, etc - 1924 - 1218 pages
...New York adopted a statutory rule as follows: 'Future estates are either vested or contingent. They are vested when there is a person in being who would have an immediate right to the possession of the land upon the ceasing of the intermediate or precedent estate. They are contingent whilst the person... | |
 | Electronic journals - 1924 - 1010 pages
...When future estates are vested; when contingent. A future estate is either vested or contingent. It is vested, when there is a person in being, who would have an immediate right to the possession of the property, on the determination of all the intermediate or precedent estates. It is contingent while... | |
 | William Francis Walsh - Personal property - 1927 - 928 pages
...contingent remainders contained in the same section.2 The statute provides that a future estate "is vested when there is a person in being who would have an immediate right to the possession of the property, on the determination of all the intermediate or precedent 1. Borastons Case, 3 Coke. 20a;... | |
 | Edward Frederick Spitz - Executory interests - 1912 - 336 pages
...survive A. « Fearne, CR 216; 1 Prest. Est. 70; Gray, Perp. § 9. By the New York statute, a remainder is vested " when there is a person in being, who would have an immediate right to the possession of the property, on the determination of all the intermediate or precedent estates." (Consol. Laws, Real Prop.... | |
 | Wisconsin - Session laws - 1931 - 1024 pages
...230.15 of the statutes are amended to read: 230.13 Future estates are either vested or contingent. They are vested when there is a person in being who would have an immediate right, by virtue of it, to the possession of the lands upon the ceasing of the intermediate or precedent estate.... | |
 | Wisconsin - Session laws - 1931 - 1032 pages
...230.15 of the statutes are amended to read: 230.13 Future estates are either vested or contingent. They are vested when there is a person in being who would have an immediate right, by virtue of it, to the possession of the lands upon the ceasing of the intermediate or precedent estate.... | |
 | United States. Board of Tax Appeals - Taxation - 1933 - 1616 pages
...McKinney's Consolidated Laws) declare that: 27 BTA A future estate Is either vested or contingent. It Is vested, when there Is a person In being, who would have an immediate right to the possession of the property, on the determination of all the intermediate or precedent estates. It is contingent while... | |
 | United States. Board of Tax Appeals - Taxation - 1934 - 1646 pages
...the Compiled Laws of Michigan (1916) provides: Further estates are either vested or contingent : They are vested when there Is a person in being who would have an immediate right to the possession of the lands, upon the ceasing of the intermediate or precedent estate; They are contingent whilst the person... | |
 | United States. Board of Tax Appeals - Taxation - 1935 - 1394 pages
...incorporated in the statutes of other states, introduced the rule that an estate is vested " where there is a person in being who would have an immediate right to the possession of the lauds upon the ceasing of the intermediate or precedent estate." This statute was deemed by Chancellor... | |
 | Law - 1912 - 1282 pages
...AUTHORIZED. Under Real Property Law (Consol. Laws 1909, c. 50) § 40, providing that a future estate is vested when there is a person in being who would have an immediate right to the possession on the determination of precedent estates, the nieces and nephews were vested with the fee of the real... | |
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Future estates are either vested or contingent. They are vested, when there is a person in being, who would have an immediate right to the possession of the lands, upon the ceasing of the intermediate or precedent estate. 
