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fee simple subject to executory interest. In DICTIOUS you will not only get to know all the dictionary meanings for the word
fee simple subject to executory interest, but we will also tell you about its etymology, its characteristics and you will know how to say
fee simple subject to executory interest in singular and plural. Everything you need to know about the word
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English
Noun
fee simple subject to executory interest (plural fee simples subject to executory interest)
- (law) A defeasible fee created with clear durational language expressing a condition (e.g. "so long as", "until", "while") which causes ownership of a property to revest in a third party identified by the grantor if that condition comes about.
- Joe gives Mike an estate in land "so long as no alcohol is brought onto the property, in which case the property will go to Harry"; this creates a fee simple subject to executory limitation- if alcohol is brought onto the property, Harry automatically takes ownership.
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