Beneficial Estate
Concept of Beneficial Estate in the context of Real Property
A short definition of Beneficial Estate: An estate, the right to possession of which has been postponed, such as a devise under a will. More commonly, an estate, the legal ownership of which has not yet vested, as under a land contract. An equitable estate.
Concept of Beneficial Estate in the context of Real Property
A short definition of Beneficial Estate: An estate, the right to possession of which has been postponed, such as a devise under a will. More commonly, an estate, the legal ownership of which has not yet vested, as under a land contract. An equitable estate.
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