Ownership in Real Property

Present Estates

Future Interests

Cotenancy

Landlord Tenant

Special Problems

Freehold Estate

Non-Freehold Estate

Fee Simple Absolute: "to A & his heirs"

Defeasible Estates

Life Estate: "to A for life"

FS Determinable: "to A & his heirs so long as premises are used for education"

FSSCS: "To A & his heirs, but it the premise is not used for education, then O has right to re-enter & terminate A's estate"

FSSEI: "to A for so long as premises are used for education, but if not, then to B"

Fee Tail

*Unclear Grants

Duty to repair, mortgages, taxes, special assessments

Leasehold Estate: limited in duration "to A for term of 10yrs"

Fee Tail General, Male/Female, Special

Executory Interest

Remainders

Reversion

Special Rules

Shelley's Case

Doctrine of Worthier Title

Rule of Convenience

Waste

Vested: "to A for life, remainder to B & his heirs"

Contingent: "to A for life, remainder to A's widow & her heirs"

Subject to Open: to A for life, remainder to A's children

Subject to Total Divestment: "to A for life, remainder for B so long as premises are used for edu purposes"

Shifting: "to A, but if liquor served on premises, then to B & his heirs"

Springing: "to A for life, remainder to B & her heirs 1 mo after A's death"