executory interest

English

executory interest (plural executory interests)

(law) 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.
Joe gives land "to Mike, but if Harry graduates from law school, to Harry". Harry has an executory interest which he can realize by graduating from law school; Mike owns the land subject to Harry's executory interest.

单词	executory interest
释义	executory interest English Noun executory interest (plural executory interests) (law) 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. Joe gives land "to Mike, but if Harry graduates from law school, to Harry". Harry has an executory interest which he can realize by graduating from law school; Mike owns the land subject to Harry's executory interest. Related terms defeasible fee fee simple subject to executory interest fee simple subject to executory limitation shifting executory interest springing executory interest
随便看	unbeglichenen unbeglichener unbeglichenes unbegot unbegotten unbegottenly unbegottenness unbegreiflich unbegreifliche unbegreiflichem unbegreiflichen unbegreiflicher unbegreiflichere unbegreiflicherem unbegreiflicheren unbegreiflicherer unbegreiflicheres unbegreifliches unbegreiflichste unbegreiflichstem unbegreiflichsten unbegreiflichster unbegreiflichstes unbegrenzt unbegrenzte