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    Future Estates Flow Chart

    Uploaded by

    Kelsey
    This flowchart outlines the different types of present estates and future interests in property. It shows that a present estate can be a life estate, which is either absolute or defeasible, or a fee simple estate, which can be defeasible. A future interest can be held by the grantor or a third party/grantee. Common future interests include possibilities of reverter, rights of entry, executory interests, reversions, and remainders. Remainders can be contingent, vested subject to complete divestment, vested subject to partial divestment, or indefeasibly vested.

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    © All Rights Reserved
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    Future Estates Flow Chart

    Uploaded by

    Kelsey
    6K views1 page
    This flowchart outlines the different types of present estates and future interests in property. It shows that a present estate can be a life estate, which is either absolute or defeasible, or a fee simple estate, which can be defeasible. A future interest can be held by the grantor or a third party/grantee. Common future interests include possibilities of reverter, rights of entry, executory interests, reversions, and remainders. Remainders can be contingent, vested subject to complete divestment, vested subject to partial divestment, or indefeasibly vested.

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    Property Law

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    This flowchart outlines the different types of present estates and future interests in property. It shows that a present estate can be a life estate, which is either absolute or defeasible, or a fee simple estate, which can be defeasible. A future interest can be held by the grantor or a third party/grantee. Common future interests include possibilities of reverter, rights of entry, executory interests, reversions, and remainders. Remainders can be contingent, vested subject to complete divestment, vested subject to partial divestment, or indefeasibly vested.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    6K views1 page

    Future Estates Flow Chart

    Uploaded by

    Kelsey
    This flowchart outlines the different types of present estates and future interests in property. It shows that a present estate can be a life estate, which is either absolute or defeasible, or a fee simple estate, which can be defeasible. A future interest can be held by the grantor or a third party/grantee. Common future interests include possibilities of reverter, rights of entry, executory interests, reversions, and remainders. Remainders can be contingent, vested subject to complete divestment, vested subject to partial divestment, or indefeasibly vested.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    PRESENT ESTATES SUBJECT TO FUTURE INTERESTS FLOWCHART

    Present Estate:

    Life Estate:
    Absolute or
    Defeasible

    Fee Simple:
    Defeasible

    Future Interest:

    Grantor Future
    Interest

    Third Party/Grantee
    Future Interest

    Fee Simple
    Determinable

    Fee Simple
    Subject to
    Condition
    Subsequent

    Fee Simple Subject


    to Executory
    Limitation

    Possibilty of
    Reverter

    Right of Entry
    (Power of
    Termination)

    Executory Interest

    Grantor Future
    Interest

    Third Party/Grantee
    Future Interest

    Reversion (implied
    unless otherwise
    stated)

    Remainder

    Contingent

    = RAP

    Vested Subject to
    Complete
    Divestment

    Vested

    Indefeasibly Vested

    Vested Subject to
    Partial Divestment

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