contingent estate
- A type of property ownership that only takes effect upon the occurrence or non-occurrence of a specific, uncertain event
- The potential inheritor will only receive the contingent estate if he graduates from college.
- The contingent estate will pass to the beneficiary if the current owner does not marry before the age of 30.
- In the will, the testator left his daughter a contingent estate which is dependent on her finishing her medical degree.
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