future estates flow chart
Post on 18-Dec-2015
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DESCRIPTION
Property Law
TRANSCRIPT
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Fee Simple: Defeasible
Grantor Future Interest
Fee Simple Determinable Possibilty of Reverter
Fee Simple Subject to Condition Subsequent Right of Entry (Power of Termination)
Third Party/Grantee Future Interest
Fee Simple Subject to Executory Limitation
Executory Interest
Life Estate: Absolute or Defeasible
Grantor Future Interest
Reversion (implied unless otherwise
stated)
Third Party/Grantee Future Interest
Remainder
Contingent Vested
Vested Subject to Complete
Divestment Indefeasibly Vested Vested Subject to Partial Divestment
Present Estate: Future Interest:
PRESENT ESTATES SUBJECT TO FUTURE INTERESTS FLOWCHART
= RAP
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