System of Estates and Future Interests Chart (p.
338)
POSSESSORY ESTATES
Defeasible fee simple​:
Fee simple determinable
Fee simple subject to a
condition subsequent
Fee simple subject to an
executory limitation
Fee tail
Life estate
Leaseholds
POSSIBLE COMBINATIONS
OF FUTURE INTERESTS
In Transferor
Possibility of reverter
Right of entry (power of
termination)
None
Same as with life estate
Reversion [indefeasibly
vested] (when no remainder
created)
Reversion [vested subject to
defeasance] (when
contingent remainder(s)
created)
Possibility of reverter (if any)
Right of entry incident to
reversion
Reversion [vested subject to
defeasance or indefeasibly
vested]
None
None
Same as with life estate
POSSIBLE COMBINATIONS
OF FUTURE INTERESTS
In Transferee
None
None
Executory interest
Same as with life estate
Contingent remainder(s)
Remainder vested subject to
open
Remainder vested subject to
divestment
Executory interest (if any)
Remainder vested subject to
limitational defeasance
Executory interests in unborn
class members
Indefeasibly vested
remainder
Same as with life estate