Entailed Interest

English Legal System: Entailed Interest

In the context of the English law, A Dictionary of Law provides the following legal concept of Entailed Interest : An *equitable interest in land under which ownership is limited to a person and the heirs of his body (either generally or those of a specified class). Such heirs are still those who would inherit under the law of intestacy as it applied before the Administration of Estates Act 1925. Since 1997, no new entailed interests can be created. An attempt to do so creates an absolute interest instead.