right of future enjoyment
Look at other dictionaries:
Future interest — This article is about the legal concept of future interests in property. For the actuarial valuation of future streams of income, see Future interests (actuarial science) … Wikipedia
vested right — An immediate fixed right of present or future enjoyment; an immediate right of present enjoyment, or a present fixed right of future enjoyment. 16 Am J2d Const L § 421; 28 Am J2d Est § 6. A right in the form of a title, legal or equitable, to the … Ballentine's law dictionary
right — / rīt/ n [Old English riht, from riht righteous] 1 a: qualities (as adherence to duty or obedience to lawful authority) that together constitute the ideal of moral propriety or merit moral approval b: something that is morally just able to… … Law dictionary
Future interests (actuarial science) — Future interests is the subset of actuarial math that divides enjoyment of property usually the right to an income stream either from an annuity, a trust, royalties, or rents based usually on the future survival of one or more persons (natural… … Wikipedia
Right to development — The right to development was proclaimed by the United Nations in 1986 in the Declaration on the Right to Development, which was adopted by the United Nations General Assembly resolution 41/128. The right to development is also recognized in the… … Wikipedia
future interest — noun In property law and real estate, a legal right to property ownership which will vest in the future, but which does not include the right to present possession or enjoyment of the property. See Also: contingent remainder, executory interest … Wiktionary
alienability of future interests — The right of an owner of an interest which vests in possession or enjoyment in the future to transfer such interest beforehand … Black's law dictionary
alienability of future interests — The right of an owner of an interest which vests in possession or enjoyment in the future to transfer such interest beforehand … Black's law dictionary
vested — Fixed; accrued; settled; absolute; complete. Having the character or given the rights of absolute ownership; not contingent; not subject to be defeated by a condition precedent. Rights are vested when right to enjoyment, present or prospective,… … Black's law dictionary
estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… … Black's law dictionary
