"executory period"

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Real Estate Transactions: Examples And Explanations (Examples & Explanations)
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Excerpt - on Page 3: " ... and is limited to interpreting the contract as the executory period proceeds. In commercial transactions, the attorney's role is more akin to other areas of corporate or commercial practice. ... "

Property (Examples and Explanations)
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Excerpt - on Page 70: " ... do so within a reasonable time. In the vendor/purchaser context, that reasonable time is likely to be measured by the executory period, during which the contract is outstanding and the deed to the property is not yet delivered. ... "

Emanuel Law Outlines: Real Estate
Emanuel Law Outlines: Real Estate by Robin Paul Malloy
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Excerpt - on Page 12: " ... Approaches to allocate executory period risk: A well-drafted contract manages risk through a combination of five approaches: [25-26] 1. Conditions 2. Warranties 3. Representations ... "

Property Law: Rules, Policies, and Practices
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Excerpt - on Page 750: " ... all conditions are met, the parties proceed to the closing. Many lawsuits arise because of disputes that occur during the executory period. ... "

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