Executory Devise Law and Legal Definition

Executory devise is an interest in land or estate in property created by a will that takes effect in the future and that depends on a future contingency.

When the limitation by will does not depart from those rules prescribed for the government of contingent remainders, it is, in that case, a contingent remainder, and not an executory devise.

Executory devise differs from reversions, since reversions, though deferred, have a present existence. However, an executory devise will be construed as a contingent remainder.