springing executory interest
Word Rarity
Very rare
Frequency: Zipf frequency 1.53 in modern English
42
Scrabble Score
26
Letters
7
Syllables
13
Unique Chars
Meaning
noun
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.
Example Sentences
- "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."