Contingent Interest Law and Legal Definition
Contingent interest refers to a future interest which is uncertain and it largely depends upon the happening of an event. In a contingent interest, an interest can only come on the happening of a specified event. In this type of interest either the person who will enjoy the property, or the occurrence of the event will be unknown and uncertain.
Legal Definition list
Related Legal Terms
- Accrued Interest
- Accrued Interest Adjustment
- Actual Conflict of Interest
- Actus Inceptus Cujus Perfectio Pendet Ex Voluntate Partium Revocari Potest, Si Autem Pendet Ex Voluntate Tertiae Personae, Vel Ex Contingenti, Revocar
- Add-on Interest
- Additional Insured or Additional Interest
- Admission Against Interest
- Adverse Interest
- Agency Coupled with an Interest
- Alaska National Interest Lands Conservation Act
