MLchartDataset catalogue

Contingent interest

Term · Law · MLC-T-LAW-001262

An interest in property or an estate that is not yet vested, meaning its existence or enjoyment depends on the occurrence of an uncertain future event. This interest may be defeated if the condition is not met. It contrasts with a vested interest, which is certain to take effect in possession at some future time.

Table 1. Record
IdentifierMLC-T-LAW-001262
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001262",
  "term": "Contingent interest",
  "field": "Law",
  "definition": "An interest in property or an estate that is not yet vested, meaning its existence or enjoyment depends on the occurrence of an uncertain future event. This interest may be defeated if the condition is not met. It contrasts with a vested interest, which is certain to take effect in possession at some future time.",
  "url": "https://mlchart.com/terminology/law/contingent-interest/"
}

Record 1,108 of 5,441 in Law terminology (MLC-0107). Request the full dataset.