wait and see
- A principle in property law that delays the determination of the legitimacy of a future interest that is still in the process of vesting, such as a contingent remainder, until it becomes evident whether or not the interest will vest within a specific timeframe
- The wait and see approach was applied to delay the determination of the legitimacy of the future interest in property.
- Under the wait and see doctrine, the court postponed confirming the future interest's validity until it was clear it would vest within the allowable period.
- Using the wait and see mechanism, the outcome of the future interest was delayed until the vesting conditions were clear.