fee simple subject to executory interest definition

  • noun:
    • A defeasible cost made up of clear durational language revealing a condition (example. "way too long as", "until", "while") which causes ownership of home to revest in a third party identified by the grantor if it condition comes about.

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  • Synonym for "fee simple subject to executory interest"
    • fee simple subject to executory limitation
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  • Etymologically Related for "fee simple subject to executory interest"
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