Future interest

Noun

Word Frequency: 0.3

Definitions

1.NounIn 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.

Synonyms

expectancy vested remainder vested interest vested remainder subject to open interest in land contingent remainder springing executory interest life interest estate in land executory interest remainder seisin

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