District of Columbia Statutes
§ 42-512 — Future estates — Vested and contingent.
A future estate is vested when there is a person in being who would have an immediate right to the possession of the land upon the expiration of the intermediate or precedent estate, or upon the arrival of a certain period or event when it is to commence in possession. It is contingent when the person to whom or the event upon which it is limited to take effect in possession or become a vested estate is uncertain.
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Related
Wharf, Inc. v. District of Columbia
(District of Columbia, 2021)
Legislative History
Mar. 3, 1901, 31 Stat. 1351, ch. 854, § 1022
Nearby Sections
15
§ 42-1001
“Power” defined.§ 42-1002
General power.§ 42-1003
Special power.§ 42-1004
Beneficial power.§ 42-1009
Right of grantor to reserve power.§ 42-1011
General powers in trust.§ 42-1012
Special powers in trust.