Classification of present and future interests.

  1. Law
  2. Wisconsin Statutes & Annotations
  3. Interests in property.
  4. Classification of present and future interests.

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700.03 Classification of present and future interests. Interests in property are classified as to time of enjoyment as:

(1) A present interest, which entitles the owner to the present possession or enjoyment of the benefits of property; or

(2) A future interest, which does not entitle the owner to possession or enjoyment of the benefits of property until a future time.


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