successor in interest

successor in interest
successor in interest: a successor to another's interest in property; esp: a successor in ownership of a business that is carried on and controlled substantially as it was before the transfer

Merriam-Webster’s Dictionary of Law. . 1996.

successor in interest
The next person who would have title to or control over a property if the current owner were to lose it. See also succeed

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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