MLchartDataset catalogue

Future interest

Term · Law · MLC-T-LAW-002267

A present right to the future possession of real or personal property, where the enjoyment of the property is postponed until a later time. These interests can be created by deed or will and include remainders, reversions, and executory interests. They are legally recognized and transferable, even though possession is not immediate.

Table 1. Record
IdentifierMLC-T-LAW-002267
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002267",
  "term": "Future interest",
  "field": "Law",
  "definition": "A present right to the future possession of real or personal property, where the enjoyment of the property is postponed until a later time. These interests can be created by deed or will and include remainders, reversions, and executory interests. They are legally recognized and transferable, even though possession is not immediate.",
  "url": "https://mlchart.com/terminology/law/future-interest/"
}

Record 2,176 of 5,445 in Law terminology (MLC-0107). Request the full dataset.