North Dakota § 47-04-14 Creation of estate - Limitation

North Dakota Statutes

§ 47-04-14 — Creation of estate - Limitation

North Dakota·Title 47 Property·Ch. 47-04 Estates in Real Property

Subject to the provisions of this chapter and of chapters 47-01, 47-02, and 47-03, a freehold
estate, as well as a chattel real, may be created to commence at a future day; an estate for life
may be created in a term of years and a remainder limited thereon; 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 a fee may be limited on a fee upon a contingency which, if it should occur,
must happen within the period prescribed in this chapter.

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Subject to the provisions of this chapter and of chapters 47-01, 47-02, and 47-03, a freehold
estate, as well as a chattel real, may be created to commence at a future day; an estate for life
may be created in a term of years and a remainder limited thereon; 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 a fee may be limited on a fee upon a contingency which, if it should occur,
must happen within the period prescribed in this chapter.

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