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Under section 19 of the Transfer of Property Act, a vested interest is:

Section 19 states that a vested interest is not defeated by the transferee’s death before obtaining possession. Postponed enjoyment is distinct from a contingent right that…

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Under section 19 of the Transfer of Property Act, a vested interest is:

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Section 19 states that a vested interest is not defeated by the transferee’s death before obtaining possession. Postponed enjoyment is distinct from a contingent right that has not vested. The vested interest may pass through the deceased transferee’s estate.

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