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Home > Law > Law glossary > Law glossary
contingent interest
Last modified: Thu Feb 23 16:37:37 2006
A person has a `contingent interest' in some property if there is a possibility
that a real interest in that property will come to him at some point in the future.
If, for example, person A makes a will leaving his house to ``whichever of
my children marries first'', then the children have contingent interests.
See VestedInterest for a more detailed discussion.
LandAndPropertyLaw
TrustLaw
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