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Real Property - Coggle Diagram

- - - - No future interests
    - - "and the heirs of body"
        
        Reversion/Remainder
    - - "for life" or "for life of B"
        
        Reversion/Remainder
    - - "for so long as", "during", "while"
        
        Reverter
        
        Created in grantor
    - - "however", "but if", "on condition"
        
        Right of Entry or Power of Termination
        
        possibility of reentry
    - - see above
        
        shifting executory interest
        
        terminates estate
  - - - Present possessory estates
      - Charitable Trusts
      - Resulting Trusts
      - Fully vested interests at creation
    - - Options to purchase land
      - Powers of appt
      - Rights of first refusal
      - Interests not fully vested at creation
  - - - each co-tenant owns undivided interest
      - no right of survivorship
      - unity of possession
      - may transfer own interests inter vivos
      - may devise own interest and interest can descend by intestacy
    - - right of survivorship
        
        interest of surviving tenant absorbs dead tenants' on last surviving tenant has devisable interest
      - undivided interest
      - unity of time, title, interest, and possession
      - severed and converted to tenancy in common if one tenant conveys interest
    - - Married couples only
        
        each spouse ha undivided interest and right of survivorship
  - - - Term of years
      - Periodic
      - At will
      - Tenancy at Sufferance/Holdover
    - - Landlord
        
        deliver legal right of possession
        
        water and heat
        
        duties in lease
        
        quiet enjoyment
        
        implied warranty of habitability
      - Tenant
        
        Pay rent
        
        Not waste
        
        Repair
        
        Other contracted duties
- - - - no title defects in chain of title
    - - no warranty against defects prior to ownership
    - - no warranty