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When the right, interest, or title to the present or future possession of a legal estate can be transferred to any other party, it is termed a vested interest. The concept can arise in any number of contexts, but the most common are inheritance law and retirement plan law.
An executory interest is a future interest, held by a third-party transferee (i.e. someone other than the grantor), which either cuts off another's interest or begins some time after the natural termination of a preceding estate. An executory interest vests upon any condition subsequent except the natural termination of the original grantee's ...
Vested interest (communication theory), a communication theory that seeks to explain how influences affect behavior Vesting , a term used in law and finance to describe a right to possess an asset, in the present or at some point in the future
The College Principal announces fresh elections, and with no one to challenge outside elements, it looks like the campus will be taken over by political parties – who may have a vested interest in canvasing the future vote in India's elections – leading to even more chaos and instability.
The rights may be vested or contingent, [2] and may include an equitable interest. [3] Mortgages and loans are relatively straightforward and amenable to assignment. An assignor may assign rights, such as a mortgage note issued by a third party borrower, and this would require the latter to make repayments to the assignee.
A "fee" is a vested, inheritable, present possessory interest in land. A "fee simple" is real property held without limit of time (i.e., permanently) under common law , whereas the highest possible form of ownership is a "fee simple absolute", which is without limitations on the land's use (such as qualifiers or conditions that disallow certain ...
The public interest in disclosure is the principle that a court of justice ought not be denied access to relevant information, and that the opposing party should have access to all relevant information to make their case. [1] Unlike other privileges, this right is not vested in any party or entity.
Vested interest (Crano, 1983; [1] Crano & Prislin, 1995; [2] Sivacek & Crano, 1982 [3]) is a communication theory that seeks to explain how an attitude of self-interest can affect behavior; or, in more technical terms, to question how certain hedonically relevant (Miller & Averbeck, 2013) [4] attitudinal dimensions can influence and consistently predict behavior based on the degree of ...