fee simple subject to executory interest
Word Rarity
Very rare
Frequency: Zipf frequency 1.55 in modern English
65
Scrabble Score
35
Letters
11
Syllables
17
Unique Chars
Meaning
noun
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.
Example Sentences
- "Joe gives Mike an estate in land "so long as no alcohol is brought onto the property, in which case the property will go to Harry"; this creates a fee simple subject to executory limitation- if alcohol is brought onto the property, Harry automatically takes ownership."