shifting executory interest

التعريفات والمعاني

== English == === Noun === shifting executory interest (plural shifting executory interests) (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. ==== Related terms ==== defeasible fee fee simple subject to executory interest fee simple subject to executory limitation springing executory interest