Freehold Estates Future Interest

Fee Simple Grantor Third Person

-Absolute “to A”“to A and her heirs”

None None

-Determinable/Subject to an Executory Limita-

tion

“to A so long as...”“while...”“during...”“unless...”“until...”

Possibility of Reverter Executory Interest

-Subject to a Condition Subsequent/Executory

Limitation

“to A provided that...”“on condition...”“but if...”

Right of Reentry Executory Interest

-Fee Tail “to A and the heirs of his body”

Reversion Remainder

-Life Estate “to A for life” Reversion Remainder

Executory Interest

Non-Freehold Estate Future Interest

Term of Years “to A for _____ years” Reversion Remainder

Remainders can be vested or contingent

Vested remainders:1) owned by an ascertained person or persons and2) are not subject to a condition precedent

Contingent remainders:1) either the owner is unascertained or possession of the property is subject to a condition prece-

dent

RAP

Subject to RAP Not Subject to RAP

Contingent remainders Vested remainders

Vested remainders subject to open

Vested remainder subject to de-feasance

Executory interests ReversionsPossibilities of reverterRights of reentry