Property Ownership
In Kentucky, a 'future interest' such as a remainder or reversion is:
AA present right to possess the property at a future time
BAn interest that will become possessory in the future upon occurrence of an event✓ Correct
CA speculative investment with no current legal status
DAn interest created only by court order
Explanation
A future interest (such as a remainder or reversion) is a legally recognized property right that will become possessory upon the occurrence of a future event (such as the death of a life tenant).
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