future interest

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future interest

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future interest (plural future interests)

1. (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.

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