future interest

noun

  • Business (Corporate) Law/Company Law
  • Property Law
  • Contract Law

Definitions of future interest

  • an interest (=some form of right, ownership, or possession) in something that will begin in the future, especially an interest in land or real property

    Lease is eighty years beginning on the date of this Lease and whenever in this Lease either party is granted a future interest it must best within that period.

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