Estates Flashcards

1
Q

Definition

A

legal right to posses/occupy land for a certain period of time. Just an interest in the land, not allodial ownership

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2
Q

Fee simple

A

inheritable without qualification (to a and his heirs)

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3
Q

Fee tail

A

inheritable with lineal qualification (to a and the heirs of his body)

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4
Q

Life estate

A

estate for life (to a for life)

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5
Q

Autre vie

A

estate for life of another (to B for life of A)

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6
Q

Reversion

A

A future interest. A has fee simple, grants it “to B for life” –> A then has a reversion (when B dies, A will get the rest of the estate. A is called the reversioner)

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7
Q

Remainder

A

Ability to create estates in succession. A grants to B for life and to C in fee simple after. C is called the remainderman. Can also impose a contingency

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8
Q

Leasehold estates

A

Originally, no recovery if evicted by a 3P. Over time, added in protection (introduction of Chattel real)

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