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Chapter 47-02

Classification of Ownership
Section Section Name
47-02-01 Ownership ‑ Classification
47-02-02 Absolute ownership defined
47-02-03 Qualified ownership defined
47-02-04 Sole or concurrent ownership designated
47-02-05 Concurrent ownership defined
47-02-06 Joint tenancy interest defined
47-02-07 Partnership interest defined
47-02-08 Interest in common defined
47-02-09 Commencement and duration of interests
47-02-10 Present interest defined
47-02-11 Future interest defined
47-02-12 Perpetual interest defined
47-02-13 Limited interest defined
47-02-14 Determination of time of creation of limitation
47-02-15 Future estates ‑ Classification
47-02-16 Alternative contingencies
47-02-17 Improbable contingency ‑ Future interest valid
47-02-18 Future estates pass
47-02-19 Posthumous heir
47-02-20 Mere possibility not an interest
47-02-21 Future interests ‑ Limitation
47-02-22 Conditions of ownership ‑ Definition
47-02-23 Conditions ‑ Classification
47-02-24 Illegal conditions void
47-02-25 Restraints upon marriage void ‑ Use until marriage
47-02-26 Restraints on alienation ‑ When void
47-02-27 Suspension of power of alienation ‑ Rule against perpetuities
47-02-27.1 Statutory rule against perpetuities ‑ Invalidity of certain contingent property interests, general powers of appointment, special powers of appointment, and general testamentary powers of appointment
47-02-27.2 When contingent property interest or power of appointment created
47-02-27.3 Reformation
47-02-27.4 Exclusions from statutory rule against perpetuities
47-02-27.5 Prospective application
47-02-28 Termination of future interest ‑ Provision by creator
47-02-29 Future interest dependent on death without successors is defeated by birth of posthumous child
47-02-30 Future interest ‑ Effect of change of intermediate interest
47-02-31 Future interest restraining alienation ‑ When void
47-02-32 Future interest ‑ Effect of determination of precedent interest ‑ Contingent remainders not artificially destructible
47-02-33 Rights of owner of life estate
47-02-34 Life estate ‑ Obligation to maintain property ‑ Waste ‑ Taxes ‑ Other charges and assessments

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