future interest

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Also found in: Legal.

Future Interest

In real estate, ownership of a property without the right to use it at present. For example, the owner of an apartment has a future interest if she rents it to a tenant. She may own the apartment, but the tenant has the right to live there. Generally, the owner may enter without permission or at least prior notice.

future interest

Interest in land in which the possession and enjoyment are deferred until a future date.

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doctrine gives two basic ways to remove or modify dead hand control of
Before turning to our critique of dead hand control of charitable
dead hand control. In the absence of very special circumstances, control
to make the case against dead hand control in the corporate sphere would
about dead hand control there, for and against, to cover in this paper.
The most compelling normative account of dead hand control in the
dead hand control in the private trust is limited in its subject matter
allowing the principals to exercise dead hand control, it will have to
for the next few decades; dead hand control in charity rests on the very
sets out the traditional arguments in favor of dead hand control,
to the positive case against dead hand control, the advantages of
a measure of dead hand control, in terms of agency costs.