springing interest
- A future claim to property activated at a particular time or upon a specific event, such as the conditions outlined in a will or deed
- While she had the right to use the property for life, her niece held a springing interest.
- The springing interest in a will can redirect ownership of a property after a specified occurrence.
- Robert's deed contained a clause for springing interest, handing the property to children upon his passing.
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