Montana § 70-15-212 Future And Contingent Estates -- How Created

Montana Statutes

§ 70-15-212 — Future And Contingent Estates -- How Created

Montana·Title 70 PROPERTY·Ch. 15 DEFINITIONS AND KINDS OF ESTATES IN REAL PROPERTY·Part 2 Classification of Interests in Real Property

70-15-212 . Future and contingent estates -- how created. Subject to the rules of parts 1, 3, and 4 of chapter 1, parts 1 and 2 of this chapter, and part 1 of chapter 17:

(1)a freehold estate, as well as a chattel real, may be created to commence at a future day;

(2)an estate for life may be created in a term of years and a remainder limited thereon;

(3)a remainder of a freehold or chattel real, either contingent or vested, may be created, expectant on the determination of a term of years; and

(4)a fee may be limited on a fee upon a contingency which, if it should occur, must happen within the period prescribed in this code.

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70-15-212 . Future and contingent estates -- how created. Subject to the rules of parts 1, 3, and 4 of chapter 1, parts 1 and 2 of this chapter, and part 1 of chapter 17:
(1) a freehold estate, as well as a chattel real, may be created to commence at a future day;
(2) an estate for life may be created in a term of years and a remainder limited thereon;
(3) a remainder of a freehold or chattel real, either contingent or vested, may be created, expectant on the determination of a term of years; and
(4) a fee may be limited on a fee upon a contingency which, if it should occur, must happen within the period prescribed in this code.

Montana § 70-15-212 (Future And Contingent Estates -- How Created) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 1222, Civ. C. 1895; re-en. Sec. 4493, Rev. C. 1907; re-en. Sec. 6735, R.C.M. 1921; Cal. Civ. C. Sec. 773; Field Civ. C. Sec. 230; re-en. Sec. 6735, R.C.M. 1935; R.C.M. 1947, 67-514.