English Explanatory Dictionary

shifting 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 the occurrence of a condition divesting the second party of the land in favor of the third party.

Word forms

shifting executory interest shifting executory interests

Related words

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