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Legal Terms - Future Interest
Any property rights that do not take immediate effect. Consider B's interest in property held in trust for A for life and then for B. The Law of Property Act 1925 defines future rights in land (excluding future leases) as equitable rather than legal estates.
Any property rights that do not take immediate effect. Consider B's interest in property held in trust for A for life and then for B. The Law of Property Act 1925 defines future rights in land (excluding future leases) as equitable rather than legal estates.
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