Executory interest
Can executory interest be abolished? Analysis (O): O has a reversion (see above), since A might die before B reaches 25. What is statutory interest? An executory interest can be springing or shifting. It is an executory interest created in a person other than the transferor. World Heritage Encyclopedia, the aggregation. Executory Interest. For example, to A and his heirs, but if A dies without marrying, to B and his heirs. B has an executory interest. An important distinction in property rights is whether you have a right to possession and use. A remainder is a future interest where its holder only obtains possession of the property when a prior. The Complete Real Estate Encyclopedia by Denise L. EXECUTORY INTEREST. Cases: Estates in Property. One way you can have an executory interest is when you have a fee simple subject to an executory limitation. An interest… INSURABLE INTERESTSuch a real and substantial interest in specific property as. Grantee ceases to exi...