future interest

English

Noun

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.

Related terms

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