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A.R.S. § 33-205

Vested future estates; contingent future estates

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.

Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.