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springing executory interest. In DICTIOUS you will not only get to know all the dictionary meanings for the word
springing executory interest, but we will also tell you about its etymology, its characteristics and you will know how to say
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English
Noun
springing executory interest (plural springing executory interests)
- (law) An interest in an estate in land created by the conditions of a grant wherein the grantor cuts short the grantor's own interest in the property in favor of the grantee, contingent upon the occurrence of a specific condition.
Joe gives land "to Harry, if Harry graduates from law school". Harry has a springing executory interest because his graduation from law school directly divests Joe of ownership.