Welcome to our clip on executory interests! Executory interests can be tricky. First, we’ll try to set forth the general definition and characteristics of executory interests. In so doing, we’ll provide you with a frame of reference by comparing and contrasting executory interests with their close relative, the remainder. As we do this, we’ll introduce you to a fourth fee simple estate: the fee simple subject to an executory limitation. After that, we’ll define the two specific types of...