springing executory interest

名词 n.
中文释义

英文释义

名词 n.
  1. An interest in an estate in land created by the conditions of a grant wherein the grantor cuts short the grantor's own interest in the property in favor of the grantee, contingent upon the occurrence of a specific condition.
    — Joe gives land "to Harry, if Harry graduates from law school". Harry has a springing executory interest because his graduation from law school directly divests Joe of ownership.

词形变化

springing executory interests plural
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