English Dictionary

fee simple subject to executory interest

名詞

(law) A defeasible fee created with clear durational language expressing a condition (e.g. "so long as", "until", "while") which causes ownership of a property to revest in a third party identified by the grantor if that condition comes about.

日本語の意味

明確な期間表現（「〜の間」「〜まで」「〜の間中」など）で示された特定の条件付きに設定された完全所有権であり、その条件が発生すると、譲渡者によってあらかじめ指定された第三者に所有権が移転する権利形態。

Under the terms of the deed, she granted him a fee simple subject to executory interest that would revest in her cousin if the land ceased to be used for farming.

証書の条件により、彼女は彼に、『〜する限り』『〜するまで』『〜している間』のような明確な期間を示す文言で条件が定められ、その条件が生じた場合に譲渡人が指定した第三者に所有権が戻ることになる期間付きの取消可能な完全所有権を譲渡した。

意味（1）

(law) A defeasible fee created with clear durational language expressing a condition (e.g. "so long as", "until", "while") which causes ownership of a property to revest in a third party identified by the grantor if that condition comes about.

Joe gives Mike an estate in land so long as no alcohol is brought onto the property, in which case the property will go to Harry; this creates a fee simple subject to executory limitation- if alcohol is brought onto the property, Harry automatically takes ownership.

fee simples subject to executory interest （ plural ）