executory limitation

executory limitation
Same as executory interest.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • executory limitation — n: a limitation that creates an executory interest a fee simple subject to an executory limitation see also executory interest at interest Merriam Webster’s Dictionary of Law. Merriam Webster …   Law dictionary

  • executory limitation — A limitation of a future interest by deed or will; if by will, it is also called an executory devise …   Black's law dictionary

  • executory limitation — A limitation of a future interest by deed or will; if by will, it is also called an executory devise …   Black's law dictionary

  • executory limitation — noun : a dispositive provision that becomes effective by divesting a prior interest …   Useful english dictionary

  • executory — ex·ec·u·to·ry /ig ze kyə ˌtōr ē/ adj: designed or of such a nature as to be performed in the future or to take effect on a future contingency cancellation of the executory portion of the contract J. J. White and R. S. Summers compare contingent… …   Law dictionary

  • limitation — lim·i·ta·tion n 1 a: restriction a limitation on the rights of ownership b: a statement or stipulation in a deed or will placing limits on the disposition of an estate or interest esp. in regard to duration or heirs see also word …   Law dictionary

  • fee simple subject to executory limitation — noun Alternate name for a fee simple subject to executory interest …   Wiktionary

  • executory interest — noun An third party interest in an estate in land created by the conditions of a grant wherein the grantor gives the land to a second party, but with said land going to a third party upon the occurrence of a condition; an interest created subject …   Wiktionary

  • limitation — In the broad sense a limit. In a technical sense, a clause or provision in deed, grant, or will which states a condition of the grant or devise, especially a condition which terminates an estate without act performed by the taker of the next… …   Ballentine's law dictionary

  • executory interest — noun : an interest that takes effect through an executory limitation …   Useful english dictionary

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