shifting executory interest
shifting 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 the occurrence of a condition divesting the second party of the land in favor of the third party.
Noun
shifting executory interest (plural shifting 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 the occurrence of a condition divesting the second party of the land in favor of the third party.
- Joe gives land "to Mike, but if Harry graduates from law school, to Harry". Harry has an shifting executory interest because his graduation from law school divests Mike of ownership.
Forms of shifting executory interest
| plural | shifting executory interests |
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Questions about shifting executory interest
- What does shifting executory interest mean?
- Shifting 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 the occurrence of a condition divesting the second party of the land in favor of the third party.
- What part of speech is shifting executory interest?
- Shifting executory interest is a noun.
- What is the plural of shifting executory interest?
- The plural of shifting executory interest is shifting executory interests.
Words near shifting executory interest in the dictionary
Source and license
Adapted from Wiktionary: shifting 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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