W5 Estates In Land and Future Interests Flashcards
Language:
“and his heirs”
Present Interest:
Fee Simple Absolute
Future Interest?
Fee Simple Absolute
Grantor: NONE
3rd: NONE
Language:
“so long as”
Present Interest:
Fee Simple Determinable
Language:
“while”
Present Interest:
Fee Simple Determinable
Language:
“during”
Present Interest:
Fee Simple Determinable
Future Interest?
Fee Simple Determinable
Grantor: Possibility of Reverter
3rd: Executory Interest
Language:
“provided that”
Present Interest:
Fee Simple on (or subject to a) condition subsequent
Language:
“on condition”
Present Interest:
Fee Simple on (or subject to a) condition subsequent
Language:
“but if”
Present Interest:
Fee Simple on (or subject to a) condition subsequent
Future Interest?
Fee Simple Absolute on (or subject to a) condition subsequent
Grantor: Right of entry for condition broken or power of termination
3rd: Executory Interest(s)
Language:
“and the heirs of (his or her) body”
Present Interest:
Fee Tail
Future Interest?
Fee Tail
Grantor: Reversion
3rd: Remainder
Language:
“for life”
Present Interest:
Life Estate
Future Interest?
Life Estate
Grantor: Reversion
3rd: Remainders, Executory Interest