United Kingdom Encyclopedia of Law     Wiki Legal Encyclopedia (BETA)
What do you need to know about law? Search in more than 1.500.000 entries

Contingent Interest in United Kingdom

Definition of Contingent Interest

In accordance with the work A Dictionary of Law, this is a description of 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.

This is an advance summary of a forthcoming entry in the Encyclopedia of Law. Please check back later for the full entry.



Law is our Passion


This entry about Contingent Interest has been published under the terms of the Creative Commons Attribution 3.0 (CC BY 3.0) licence, which permits unrestricted use and reproduction, provided the author or authors of the Contingent Interest entry and the Encyclopedia of Law are in each case credited as the source of the Contingent Interest entry. Please note this CC BY licence applies to some textual content of Contingent Interest, and that some images and other textual or non-textual elements may be covered by special copyright arrangements. For guidance on citing Contingent Interest (giving attribution as required by the CC BY licence), please see below our recommendation of "Cite this Entry".

Cite this entry

Legal Citations Generator

(2015, 06). Contingent Interest lawi.org.uk Retrieved 06, 2021, from https://lawi.org.uk/contingent-interest/

06 2015. 06 2021 <https://lawi.org.uk/contingent-interest/>

"Contingent Interest" lawi.org.uk. lawi.org.uk, 06 2015. Web. 06 2021. <https://lawi.org.uk/contingent-interest/>

"Contingent Interest" lawi.org.uk. 06, 2015. Accesed 06 2021. https://lawi.org.uk/contingent-interest/

Agostino Von Hassell, 'Contingent Interest' (lawi.org.uk 2015) <https://lawi.org.uk/contingent-interest/> accesed 2021 June 16

Usage Metrics

447 Views. 317 Visitors.

Google Scholar: Search for Contingent Interest Related Content

 

Schema Summary

  • Article Name: Contingent Interest
  • Author: Agostino Von Hassell
  • Description: Definition of Contingent Interest In accordance with the work A Dictionary of Law, this is a description of Contingent [...]

This entry was last updated: June 28, 2015

CO



Recent Comments