executory remainder

executory remainder
executory remainder see remainder

Merriam-Webster’s Dictionary of Law. . 1996.

executory remainder
Category: Wills, Trusts & Estates

Nolo’s Plain-English Law Dictionary. . 2009.

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  • remainder — re·main·der n [Anglo French, from Old French remaindre to remain] 1: an estate in property in favor of one other than the grantor that follows upon the natural termination of a prior intervening possessory estate (as a life estate) created at the …   Law 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

  • executory — /agzekyatoriy/ That which is yet to be fully executed or performed; that which remains to be carried into operation or effect; incomplete; depending upon a future performance or event. The opposite of executed. As to executory bequest executory… …   Black's law dictionary

  • executory — /agzekyatoriy/ That which is yet to be fully executed or performed; that which remains to be carried into operation or effect; incomplete; depending upon a future performance or event. The opposite of executed. As to executory bequest executory… …   Black's law dictionary

  • remainder — The remnant of an estate in land, depending upon a particular prior estate created at the same time and by the same instrument, and limited to arise immediately on the determination of that estate, and not in abridgement of it. A future interest… …   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 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

  • estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… …   Black's law dictionary

  • estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… …   Black's law dictionary

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