future interest
Noun
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Noun
future interest (plural future interests)
- (legal) In property law and real estate, a legal right to property ownership which will vest in the future, but which does not include the right to present possession or enjoyment of the property.
- contingent remainder
- executory interest
- life estate
- vested remainder
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002