future interest

English

Noun

future interest (plural future interests)

(law) 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.

Related terms

contingent remainder
executory interest
- shifting executory interest
- springing executory interest
life estate
vested remainder
- indefeasibly vested remainder
- vested remainder subject to open

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