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Acronyms that contain the term fee simple subject to executory interest
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What does fee simple subject to executory interest mean?
- fee simple subject to executory interest(Noun)
- 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.
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"fee simple subject to executory interest." Abbreviations.com. STANDS4 LLC, 2024. Web. 6 May 2024. <https://www.abbreviations.com/fee%20simple%20subject%20to%20executory%20interest>.
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