Executed Estate

Executed Estate in United States

Executed Estate Definition

An estate whereby a present interest passes to and resides in the tenant, not dependent upon any subsequent circumstances or contingency. They are more commonly called “estates in possession.” 2 Sharswood, Bl. Comm. 162. ‘ An estate where there is vested in the grantee a present and immediate right of present or future enjoyment. An estate which confers a present right of present enjoyment. When the right of enjojonent in possession is to arise at a future period, only the estate is executed; that is, it is merely vested in point of interest. Where the right of immediate enjoyment is annexed to the estate, then, only, is the estate vested in possession. 1 Prest. Est. 62; Feame, Cont. Rem. 392. “Executed” is synojijmious vyith “vested.” 1 Washb. Real Prop. 11.

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Executed Estate Executed Estate in the Family Law Portal of the American Encyclopedia of Law.
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Executed Estate Executed Estate in the Criminal Law Portal of the American Encyclopedia of Law.
Executed Estate Executed Estate in the Antritrust Portal of the American Encyclopedia of Law.
Executed Estate Executed Estate in the Bankruptcy Law Portal of the American Encyclopedia of Law.
Executed Estate Executed Estate in the Constitutional Law Portal of the American Encyclopedia of Law.
Executed Estate Executed Estate in the Tax Law Portal of the American Encyclopedia of Law.
Executed Estate Executed Estate in the and Finance and Banking Portal of the American Encyclopedia of Law.
Executed Estate Executed Estate in the Employment and Labor Portal of the American Encyclopedia of Law.
Executed Estate Executed Estate in the Personal Injury and Tort Portal of the American Encyclopedia of Law.
Executed Estate Executed Estate in the Environmental Law Portal of the American Encyclopedia of Law.

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Legal Issue for Attorneys

An estate whereby a present interest passes to and resides in the tenant, not dependent upon any subsequent circumstances or contingency. They are more commonly called “estates in possession.” 2 Sharswood, Bl. Comm. 162. ‘ An estate where there is vested in the grantee a present and immediate right of present or future enjoyment. An estate which confers a present right of present enjoyment. When the right of enjojonent in possession is to arise at a future period, only the estate is executed; that is, it is merely vested in point of interest. Where the right of immediate enjoyment is annexed to the estate, then, only, is the estate vested in possession. 1 Prest. Est. 62; Feame, Cont. Rem. 392. “Executed” is synojijmious vyith “vested.” 1 Washb. Real Prop. 11.

Notice

This definition of Executed Estate is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.


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