noun
Meaning 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.
Definition source: English Wiktionary via Wiktextract
Topics: law
Examples
- 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.
Meaning relationships
Synonyms: none provided
Antonyms: none provided