Title 700 · WI 700

Untitled section

Citation: Wis. Stat. § 700.03

Section: 700.03

700.03

 

Classification of present and future interests.

Interests in property are classified as to time of enjoyment as:

700.03(1)

(1)

 

A present interest, which entitles the owner to the present possession or enjoyment of the benefits of property; or

700.03(2)

(2)

 

A future interest, which does not entitle the owner to possession or enjoyment of the benefits of property until a future time.