MLchartDataset catalogue

Executory interest

Term · Law · MLC-T-LAW-001974

A future interest in property that is created in a transferee and is not a remainder. This interest can either divest a prior estate (shifting executory interest) or follow a natural termination of a prior estate (springing executory interest). Executory interests are subject to the Rule Against Perpetuities.

Table 1. Record
IdentifierMLC-T-LAW-001974
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001974",
  "term": "Executory interest",
  "field": "Law",
  "definition": "A future interest in property that is created in a transferee and is not a remainder. This interest can either divest a prior estate (shifting executory interest) or follow a natural termination of a prior estate (springing executory interest). Executory interests are subject to the Rule Against Perpetuities.",
  "url": "https://mlchart.com/terminology/law/executory-interest/"
}

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