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"are vested" is correct and it can be used in written English.
It means to give someone the legal right to possess or control something. Example sentence: The property rights are vested in the heirs of the deceased.
Dictionary
are vested
noun
A loose robe or outer garment worn historically by men in Arab or Middle Eastern countries.
Exact(57)
You are vested in this plan immediately.
Their opinions are vested in experience.
Too many interests are vested in communal politics.
Folks, there are vested interests on both sides of this argument.
Most administrative powers are vested in an Executive Council, whose ministers are appointed by the Lagtinget.
The Afghan state is weak, yet too many of its powers are vested in the president.
Once you transfer to children or grandchildren, their ownership rights are vested".
Rights over land are held jointly by descent groups and are vested in a titleholder.
Similar(3)
Consider transferring ownership to your employees who are vested in the company's success and vision.
Funds are vested immediately.
Hopes are vested, essentially, in the political leadership of one man, Mr Valls.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com