predecessor in interest
- Refers to an individual or entity who formerly possessed the rights or interests that another individual or entity now possesses. This term also represents a relationship where one entity is in legal connection with another
- After John sold his house, he became the predecessor in interest to the new property owner.
- In certain agreements, understanding who the predecessor in interest is becomes significant for legal documentation.
- The predecessor in interest was consulted to clear any potential issues with the patents before the new owner took over.