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successor in interest |
Also found in: Acronyms | 0.01 sec. |
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successor in interest An owner of property after the one being described. Example: Jim executed a mortgage on property that was never paid off, but which never showed up in title searches until recently, despite the fact the property had been sold several times. All of Jim's successors in interest were in danger of losing their property to a foreclosure by the mortgage holder. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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