Special Legal Rules Related to Future Interests

Special Legal Rules Related to Future Interests

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Description

Book: Thompson on Real Property

Chapter Description:

Future interests are regarded as the most complex aspect of American property law, partly because many of the basic legal doctrines are of ancient origin and forgotten rationale. Nevertheless, the doctrines, once mastered, are usually straightforward and reliable in application. It is probably inevitable that over the centuries those venerable doctrines would collect variants, exceptions and other special rules which, in their total impact, give additional substance to future interests’ reputation for complexity. In this volume whose chapters are devoted to the various future interests in American property law, it is fitting that this concluding chapter survey these special rules, exceptions and other observations that apply to the modern American law of future interests. The chapter first surveys definitions of words and terms, then explains some of the more important specialized and often obscure legal rules, and gives clarifying explanations to various concepts and relationships unique to future interests.

ISBN

1558341560

Publication Date

1994

Publisher

LexisNexis

Keywords

law, property law, Thompson on real property

Disciplines

Law | Property Law and Real Estate

Special Legal Rules Related to Future Interests

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