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PropI Estates Grid

This document outlines different types of property interests including fee simple estates and life estates. It lists the present interest, words used to create the interest at common law, the duration of the interest, and any future interests that may follow including interests that revert back to the grantor or transfer to other parties. There are descriptions provided for fee simple absolute, fee simple determinable, fee simple on condition subsequent, fee simple subject to an executory interest, fee tail/fee simple conditional, and different types of life estates.

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100% found this document useful (1 vote)
97 views1 page

PropI Estates Grid

This document outlines different types of property interests including fee simple estates and life estates. It lists the present interest, words used to create the interest at common law, the duration of the interest, and any future interests that may follow including interests that revert back to the grantor or transfer to other parties. There are descriptions provided for fee simple absolute, fee simple determinable, fee simple on condition subsequent, fee simple subject to an executory interest, fee tail/fee simple conditional, and different types of life estates.

Uploaded by

LAMark06
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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PROPERTY OUTLINE GRID

FEE SIMPES AND LIFE ESTATES

Present Interest Words to Create Duration Future Interest in Future Interest in


at Common Law Grantor Grantee
Fee Simple “and his heirs” Forever None None
Absolute
Fee Simple “so long as” As long as Possibility of Shifting Executory
Determinable “while” condition is met, Reverter Interest
“during” then
“until” automatically to
grantor.
Fee Simple on “provided that” Until happening Right of Entry for Shifting Executory
Condition “on condition of named event condition broken Interest
Subsequent that” and reentry by
“but if” grantor
Fee Simple Subject To A for life, but Until the event Right of Entry Executory Interest
to an Executory if…, to B. happens
Interest To A for so long as As long as the Right of Entry Executory Interest
…and if not…, to condition is met
B then to a third
party
Fee Tail / Fee “and the heirs of Until A and his Reversion Remainder
Simple his body” line die out
Conditional
Life Estate “To A for life” or Until the end of Reversion None
“To A for the life life
of B”
“To A for life, then Until end of A’s None Remainder
B” life then to B
forever
To A for life, but Until the end of Reversion Executory Interest
if…, to B. A’s life or the
happening of the
named event

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