Questions: A future interest in an estate is a present right to property ownership and possession in the future.
Transcript text: 7 of 38 Concepts completed
Multiple Cholce Question
A $\qquad$ interest in an estate is a present right to property ownership and possession in the future.
futile
conjectural
future
conditional
Solution
Answer
The answer is future.
Explanation
Option 1: Futile
"Futile" means incapable of producing any useful result; pointless. This does not relate to property ownership or possession.
Option 2: Conjectural
"Conjectural" refers to something based on or involving conjecture, which means an opinion or conclusion formed on the basis of incomplete information. This is not relevant to the context of property rights.
Option 3: Future
"Future" interest in an estate refers to a present right to property ownership and possession that will be realized at a later date. This is the correct term used in legal contexts to describe such a scenario.
Option 4: Conditional
"Conditional" means subject to one or more conditions or requirements being met. While some future interests can be conditional, the term "conditional" alone does not specifically describe a future interest in an estate.