executory interests — A general term, comprising all future estates and interests in land or personalty, other than reversions and remainders. A future interest held by a third person (not the grantor) which either cuts short (shifting) or begins some time after… … Black's law dictionary
executory interests — A general term, comprising all future estates and interests in land or personalty, other than reversions and remainders. A future interest held by a third person (not the grantor) which either cuts short (shifting) or begins some time after… … Black's law dictionary
Executory interest — An Executory Interest is a future interest, held by a third party transferee (i.e. someone other than the grantee), which either cuts off another s interest or begins after the natural termination of a preceding estate. It differs from a… … Wikipedia
executory devises — Estates in futuro consisting of executory interests created by devises, recognized in equity and validated by the Statute of Uses and the Statute of Wills, but invalid under the early common law as in contravention of the rigid rules against a… … Ballentine's law dictionary
executory estate — An estate which is to vest in possession at a future time. See executory interests … Ballentine's law dictionary
future interests — Remainders, reversions, executory interests, and other interests to come into possession or enjoyment in the future, whether vested or contingent, and whether or not supported by a particular estate. The title of an advanced course on the law of… … Ballentine's law dictionary
descendibility of future interests — Legal suitability of a future interest such as a remainder or executory interest to pass by inheritance on death of the holder … Black's law dictionary
descendibility of future interests — Legal suitability of a future interest such as a remainder or executory interest to pass by inheritance on death of the holder … Black's law dictionary
Future interest — This article is about the legal concept of future interests in property. For the actuarial valuation of future streams of income, see Future interests (actuarial science) … Wikipedia
Rule against perpetuities — The rule against perpetuities is a rule of law in effect under the property, trusts, estate, and contract law of many common law jurisdictions. The rule invalidates certain future interests (traditionally contingent remainders and executory… … Wikipedia