Future Interest in United Kingdom
Definition of Future Interest
In accordance with the work A Dictionary of Law, this is a description of Future Interest : Any right to property that does not take effect immediately. An example is B’s interest in property held in trust for A for life and then for B. Under the Law of Property Act 1925 future interests in land (with the exception of *future leases) can exist as equitable interests only and not as legal estates.
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