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 689

Notes

Defines a present interest as one entitling the owner to immediate possession of the property. Provides that definition alone, setting no condition, deadline, dollar amount, penalty, or exception, and leaving future interests to be defined separately in a neighboring provision of the code.

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