43-3-7. Present or future interest--Time of enjoyment--Right to possession of property.
46 words·~1 min read·
/sd/title-43/chapter-43-3/43-3-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In respect to the time of enjoyment, an interest in property is either present or future.
A present interest entitles the owner to the immediate possession of the property.
A future interest entitles the owner to the possession of the property only at a future period.