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Shifting fees to be paid by one party to another party. Typically it refers to the action of a court awarding legal costs associated with something from one party to another. For example, a court may award legal costs of the successful party to a lawsuit upon the losing party to the lawsuit (so that the losing party must pay both its own legal costs as well as the attorneys' … [Read more...] about FEE SHIFTING

In Scotland this term is applied to a debt which though created is not due, but is to become so at a future day. … [Read more...] about FUTURE DEBT

An estate which another person might receive title at some point in the future. … [Read more...] about FUTURE ESTATE

When the right to property is based on a condition precedent or that something need to occur. For example, a person who is entitled to a car after the owner dies as per the will of the owner. … [Read more...] about FUTURE INTEREST

A contractual obligation where a performance is required and will take place in the future. … [Read more...] about FUTURE PERFORMANCE