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The deed granted a springing executory interest that would divest the grantor of her estate if a specified condition occurred.
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The deed granted a springing executory interest that would divest the grantor of her estate if a specified condition occurred.
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Related words
springing executory interest
Noun
Japanese Meaning
（法）特定の条件が成立することを前提として、不動産における譲渡人自身の権利が途中で縮小または消滅し、その結果として譲受人に事後的に利益が発生する権利。 / （法）ある条件の発生に応じて、譲渡人が自己の不動産権益を縮小し、譲受人へ移行するように設定された条件付きの実行的権利。
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