§ 33-221 Estates in expectancy; alienability
§ 33-222 Alternative future estates
§ 33-223 Time of creation of estates in expectancy
§ 33-224 Effect of conveyance purporting to create fee tail; effect of conveyance by tenant in tail
§ 33-225 Indefeasibility of expectant estates; exception
§ 33-226 Defeasibility of expectant estate by terms of grant or devise
§ 33-227 Contingent remainder as conditional limitation
§ 33-228 Indestructibility of contingent remainders
§ 33-231 Rule in Shelley’s case abolished
§ 33-233 Life estate in term of years
§ 33-234 Time when remainder on life estate or term of years takes effect
§ 33-236 “Heir” and “issue” as words of limitation
§ 33-237 Effect of posthumous children upon limitations
§ 33-239 Use of accumulations for support and education of children
§ 33-240 Ownership of rents and profits arising during suspension of power of alienation

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Terms Used In Arizona Laws > Title 33 > Chapter 2 > Article 2 - Future Interests

  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Devise: To gift property by will.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Testator: A male person who leaves a will at death.