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springing interest |
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springing interest n. a future right to title to real property created by a deed or will. Example: "I give title to my daughter Mable for her lifetime, and, on her death, title to my grandson Rex. Rex has a springing interest in the property. (See: interest, title, future interest) How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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