fee simple subject to executory interest (English, noun)
expansion: fee simple subject to executory interest (plural fees simple subject to executory interest)
Senses:
topics: law
glosses: 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.
Forms:
form: fees simple subject to executory interest
tags: plural