Hello, you have come here looking for the meaning of the word
executory interest. In DICTIOUS you will not only get to know all the dictionary meanings for the word
executory interest, but we will also tell you about its etymology, its characteristics and you will know how to say
executory interest in singular and plural. Everything you need to know about the word
executory interest you have here. The definition of the word
executory interest will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
executory interest, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
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