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LSDefine

Simple English definitions for legal terms

future use

Read a random definition: nonissuable plea

A quick definition of future use:

Use refers to the way something is employed or applied for a specific purpose. It can be a long-term possession and employment of something for its intended purpose, as opposed to a temporary or occasional use. There are different types of use, such as conditional use, nonconforming use, and public use. Some uses are dependent on or affiliated with the land's primary use, while others are impermissible under current zoning restrictions but allowed because they existed lawfully before the restrictions took effect. Use can also refer to the right to take profits from land owned and possessed by another, or the equitable ownership of land to which another person holds the legal title.

A more thorough explanation:

Definition: A use that is contingent on a future event or circumstance. It is similar to a contingent use, which is a use that is dependent on or pertains to a main use.

  • A property owner may grant a future use to a family member, stating that the property will be transferred to them only when they graduate from college.
  • A developer may apply for a conditional use permit to build a shopping center, but the permit is contingent on the developer meeting certain requirements, such as providing adequate parking and landscaping.

These examples illustrate how a future use is dependent on a future event or circumstance, and how it is similar to a contingent use that is dependent on a main use or condition.

futures market | future value

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