Estate Creation Duration Alienable Devisable Future Interest: Grantor Future Interest: Grantee Fee Simple To A (and his heirs) Forever Yes Yes None None Fee Simple Determinable To A… So long as… Until… While… As long as the condition is met, then automatically to the grantor. Yes Yes Possibility of Reverter None Fee Simple Subject to a Condition Subsequent To A… But If… On the Condition That… However… Provided that… Until the happening of the named event and reentry of the grantor. (adverse possession alert) Yes Yes Right of Entry (action required) None Fee Simple Subject to an Executory Limitation To A… But If… On the Condition That… However… Then To… As long as the condition is met, then to a third party. Until the happening of the event. Yes Yes Possibility of Reverter, or, Right of Entry, or none. Executory Interest in Fee Simple. Life Estate To A for Life… Measured by the life of the grantee. Yes No Reversion None (dead) Life Estate Pur Autre Vie To A for the life of B…
This is the end of the preview. Sign up
access the rest of the document.