HopefullyInLawSchool
16:06
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
entailed interest
Read a random definition: shop
A quick definition of entailed interest:
Entailed interest is a type of legal right to property that can only be passed down to direct descendants. This means that if someone has an entailed interest in a piece of property, they can only pass it on to their children or grandchildren, and so on. It cannot be sold or given away to anyone outside of the family line. It is a very specific type of ownership that is not subject to any conditions or limitations, but is restricted to a certain group of people.
A more thorough explanation:
Entailed interest is a legal term that refers to an interest in property that can only be passed down to lineal descendants. This means that the property cannot be sold or given away to anyone outside of the family line.
For example, if a father owns a piece of land with an entailed interest, he cannot sell it to someone outside of his family. Instead, the land will automatically pass down to his children and their children, and so on.
Entailed interest is often associated with the concept of a fee tail, which is a type of estate that limits the inheritance of property to a specific line of descendants. This type of interest was common in feudal societies, but it is less common today.