Executed Estate

An estate whereby a present interest passes to and resides in the tenant, not dependent upon any subsequent circumstances or contingency. They 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.

An estate whereby a present interest passes to and resides are more commonly called estates in possession. 2 Bla. Com. 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 enjoyment 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; Fearne, Cont. Rem. 392. Executed is synonymous with vested. 1 Washb. R. P. 11.

'See Estate.

Defined under Executed in Black's Law Dictionary.

An estate whereby a present interest passes to and ree sides in the tenant, not dependent upon any Subsequent circumstanee or contingency. They are more commonly called “estates in possession.” 2 Bl. Comm. 162. An estate where there is vested in the grantee a present and immediate right of present or future enjoyment.

An estate in possession, by which a present interest passes to, and resides in the tenant, not depending on any subsequent circumstance or contingency. 2 Bl. Com. 162.