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Keyword:

executor,

executory interest

Noun

(law) A 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 to a fee simple subject to executory interest.

Japanese Meaning

（法）譲渡条件に基づき、不動産に設定された第三者の権利。具体的には、譲渡者が不動産を第二の当事者に与える際、特定の条件が生じた場合にその権利が第三者に移転するように定められた将来的な権益

What is this buttons?

The grantor conveyed the farmland to B but created an executory interest in favor of C that would cause the land to pass to C if B failed to cultivate it.

Google Translation / DeepL Translation

譲渡人は農地をBに譲渡したが、Bが耕作を怠った場合に土地がCに移るという条件付第三者取得権をCに与えた。

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Related Words

executory interests

（ plural ）

Details

fee simple subject to executory limitation

Noun

(law) Synonym of fee simple subject to executory interest

Japanese Meaning

執行制限付き完全所有権：特定の将来の事象が生じた場合に所有権が自動的に別の者に移転する可能性のある不動産所有権の形態。

What is this buttons?

The lawyer explained that the property was conveyed as a fee simple subject to executory limitation, meaning the estate could be cut short if a specified event occurred.

Google Translation / DeepL Translation

弁護士は、その不動産が第三者の利益に移転する可能性のある完全所有権として譲渡されたと説明し、特定の出来事が起こればその所有権が終了する可能性があると述べた。

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Related Words