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Determinable Interest in United Kingdom

Definition of Determinable Interest

In accordance with the work A Dictionary of Law, this is a description of Determinable Interest : An interest that will automatically come to an end on the occurrence of some specified event (which, however, may never happen). For example, if A conveys land to B until he marries, B has a determinable interest that would pass back to A upon his marriage. But if B dies a bachelor the *possibility of a reverter to A is destroyed and B’s heirs acquire an absolute interest. An interest that must end at some future point (e.g. a *life interest) is not classified as a determinable interest, but one that could end during a person’s life (for example a *protective trust) is so classified. A determinable legal estate in land prior to 1925 was known as a determinable fee, but under the Law of Property Act 1925 it can now exist only as an equitable interest. It is exceptionally difficult to distinguish between a determinable interest and a *conditional interest.

Compare contingent interest.

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(2015, 02). Determinable Interest lawi.org.uk Retrieved 07, 2021, from https://lawi.org.uk/determinable-interest/

02 2015. 07 2021 <https://lawi.org.uk/determinable-interest/>

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"Determinable Interest" lawi.org.uk. 02, 2015. Accesed 07 2021. https://lawi.org.uk/determinable-interest/

Agostino Von Hassell, 'Determinable Interest' (lawi.org.uk 2015) <https://lawi.org.uk/determinable-interest/> accesed 2021 July 28

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Schema Summary

  • Article Name: Determinable Interest
  • Author: Agostino Von Hassell
  • Description: Definition of Determinable Interest In accordance with the work A Dictionary of Law, this is a description of Determinable [...]

This entry was last updated: February 28, 2015


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