California Codes, Civil Code - CIV, Division 2 — Property, Part 1 — Property in General, Title 2 — Ownership, Chapter 2 — Modifications of Ownership, Article 1 — Interests in Property, Section 703
No future interest in property is recognized by the law, except such as is defined in this Division of the Code.
Notes
Bars recognition of any future interest in property except those defined in this Division of the Code, so a future interest outside those definitions has no legal effect. Sets that closed list with no deadline, dollar amount, or further carve-out anywhere in the section.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 703 | https://laws.lexinter.net/codes/california/civil-code/division-2/part-1/title-2/chapter-2/article-1/section-703