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INTEREST

Legal Term: INTEREST
Definition: estates. The right which a man has in a chattel real, and more particularly in a future term. It is a word of less efficacy and extent than estates, though, in legal understanding, an interest extends to estates, rights and titles which a man has in or out of lands, so that by a grant of his whole interest in land, a reversion as well as the fee simple shall pass. Co. Litt. 345.


***All definitions are taken from the 1856 Edition of Bouviers Law Dictionary

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