fee simple subject to executory interest

English - English

Definition of fee simple subject to executory interest in English English dictionary

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

Hyphenation

fee sim·ple sub·ject to ex·e·cu·to·ry in·ter·est

Synonyms

fee simple subject to executory limitation