English Explanatory Dictionary

executory interest

English dictionary entry

Meanings

noun
  1. A third-party interest in an estate in land created by the conditions of a grant wherein the grantor gives the land to a second party, but with said land going to a third party upon the occurrence of a condition; an interest created subject to a fee simple subject to executory interest.

Word forms

executory interest executory interests

Related words

defeasible fee fee simple subject to executory interest fee simple subject to executory limitation shifting executory interest springing executory interest
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