Brian holds a contingent remainder because it is subject to a condition precedent: Brian must graduate from law school to obtain the property interest. A contingent remainder arises when either the remainder is conditional on an event not certain to occur (a condition precedent) or when the remainder is held by an unascertainable person. If there is no condition precedent and the person is ascertainable, the remainder would have been vested. Here, Brian’s remainder is conditional, making it contingent.
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