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executory
Of or pertaining to administration or execution. / (law) Yet to be completed; not fully executed, performed or carried out; lacking in execution, unfulfilled; so, yet to take effect.
executorial
executory interests
executory interest
(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.
executorial trustee
(law) Someone appointed to be an executor (the person who carries out the directions set forth in a will) and also be a trustee of an estate after the executor's duties have been completed.
executorial trustees
shifting executory interest
(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 the occurrence of a condition divesting the second party of the land in favor of the third party.
shifting executory interests
springing executory interests
springing executory interest
(law) An interest in an estate in land created by the conditions of a grant wherein the grantor cuts short the grantor's own interest in the property in favor of the grantee, contingent upon the occurrence of a specific condition.