- 1. fee simple subject to executory interest (plural fee simples subject to executory interest) (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. Source: ecdict
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fee simple subject to executory interest
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feeconditionexecutoryinterestsubjectcausesclearcomescreateddefeasibleexpressinggrantoridentifiedlanguagelawlongownershippartypluralpropertyrevestsimplethirduntil
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