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Can a future interest be transferred through deed?

In: Property Law, Deeds and Ownership, Lawyers [Edit categories]

Answer:

Absolutely. Prior to transferring a future interest in real property through a deed the grantor should be absolutely certain because the granting of the future interest will be irrevocable. (Utilizing Wills and Trusts as a vehicle should also be considered.) The wording for the conveyance has to be legally precise in order that the grantor's intentions are carried out. The Rule Against Perpetuities cannot be violated. Estate planning and tax issues also have to be considered. The statutes and laws of the jurisdiction where the real property is located should be examined.

First answer by ID3397628319. Last edit by ID3397628319. Question popularity: 1 [recommend question].

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