请输入您要查询的单词:

 

单词 contingent interest
释义

contingent interest
An interest that can only come into being upon the occurrence of a specified event (for example when A conveys land to B provided he marries). As a contingent interest can only come into being in the future, if at all, it cannot exist as a legal estate in land. Before 1997, such a transaction created a settlement to which the Settled Land Act 1925 applied. From 1997, such a transaction gives rise to a trust of land under the Trusts of Land and Appointment of Trustees Act 1996. Contingent interests are consequently equitable interests only. Compare conditional interest; determinable interest.

随便看

 

法律词典收录了4854条英汉双解法律词条,基本涵盖了常用法律英语单词及短语词组的翻译及用法,是法律学习的有利工具。

 

Copyright © 2000-2023 Newdu.com.com All Rights Reserved
更新时间:2025/4/11 4:01:11