executory interest
executory interest noun: 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.
Noun
executory interest (plural executory interests)
- 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.
Forms of executory interest
| plural | executory interests |
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Questions about executory interest
- What does executory interest mean?
- Executory interest means 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.
- What part of speech is executory interest?
- Executory interest is a noun.
- What is the plural of executory interest?
- The plural of executory interest is executory interests.
Words near executory interest in the dictionary
Source and license
Adapted from Wiktionary: executory interest (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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