Present Interest

Question 1

Fee Simple Absolute

Answer 1

It’s typically what we think of as full ownership of real property.

Question 2

Fee Simple Determinable

Answer 2

A fee simple determinable terminates upon the happening of a stated event and automatically reverts to the grantor
ex. To X While, during

Question 3

Fee simple subject to a condition subsequent

Answer 3

A fee simple subject to a condition subsequent is an estate in which the grantor reserves the right to terminate the estate upon the happening of a stated event, meaning the estate doesn’t automatically
terminate—the grantor must take some action.
ex.To X provided that, but if

Question 4

FSD Future interest

Answer 4

Possibility of Reverter

Question 5

FSSCS Future interest

Answer 5

right of entry

Question 6

FSSES

Answer 6

If a fee simple estate terminates upon the happening of a stated
event (because it is determinable or subject to a condition subsequent)
and then passes to a third party rather than reverting to the grantor or giving the grantor a right to terminate, the third party has an executory interest.

Question 7

FSSES Future Interest

Answer 7

Exexutory Interest