MLchartDataset catalogue

Expectancy

Term · Law · MLC-T-LAW-001988

A mere hope or prospect of receiving property later, such as an heir's chance of inheriting from a living relative, which the law does not treat as a property right. The prospective heir has no claim if the owner sells the property or changes the will. In contrast, a vested remainder is an existing, enforceable future interest.

Table 1. Record
IdentifierMLC-T-LAW-001988
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001988",
  "term": "Expectancy",
  "field": "Law",
  "definition": "A mere hope or prospect of receiving property later, such as an heir's chance of inheriting from a living relative, which the law does not treat as a property right. The prospective heir has no claim if the owner sells the property or changes the will. In contrast, a vested remainder is an existing, enforceable future interest.",
  "url": "https://mlchart.com/terminology/law/expectancy/"
}

Record 1,886 of 5,441 in Law terminology (MLC-0107). Request the full dataset.