estate vested in possession

estate vested in possession
An estate whereof there is a right of present enjoyment. 28 Am J2d Est § 2. See vested estate.

Ballentine's law dictionary. . 1998.

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  • vested in possession — See vested estate …   Ballentine's law dictionary

  • vested — vest·ed / ves təd/ adj 1: fully and absolutely established as a right, benefit, or privilege: not dependent on any contingency or condition; specif: not subject to forfeiture if employment terminates before retirement vested pension benefits 2:… …   Law dictionary

  • estate — es·tate /i stāt/ n [Anglo French estat, literally, state, condition, from Old French, from Latin status, from stare to stand] 1: the interest of a particular degree, nature, quality, or extent that one has in land or other property compare fee;… …   Law dictionary

  • vested estate — see estate 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. vested estate n …   Law dictionary

  • vested interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. vested interest …   Law dictionary

  • estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… …   Black's law dictionary

  • estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… …   Black's law dictionary

  • vested — Fixed; accrued; settled; absolute; complete. Having the character or given the rights of absolute ownership; not contingent; not subject to be defeated by a condition precedent. Rights are vested when right to enjoyment, present or prospective,… …   Black's law dictionary

  • Vested — Vest Vest, v. t. [imp. & p. p. {Vested}; p. pr. & vb. n. {Vesting}.] [Cf. L. vestire, vestitum, OF. vestir, F. v[^e]tir. See {Vest}, n.] 1. To clothe with, or as with, a vestment, or garment; to dress; to robe; to cover, surround, or encompass… …   The Collaborative International Dictionary of English

  • vested estate — An absolute, unconditional, and indefeasible interest. 57 Am J1st Wills § 1230. An estate which is not contingent or expectant; an estate carrying a fixed right of present or future enjoyment. 28 Am J2d Est § 6. An estate which gives a certain… …   Ballentine's law dictionary

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