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Property Flowchart 1

The document outlines different types of interests in land, including non-estates like easements and profits, and estates such as freehold estates (including fee simple, life estates, leasehold estates), covenants, and rents. It also details the different types of reversions and remainders that can exist, whether they are vested or contingent, and are subject to the rule against perpetuities.
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100% found this document useful (3 votes)
7K views

Property Flowchart 1

The document outlines different types of interests in land, including non-estates like easements and profits, and estates such as freehold estates (including fee simple, life estates, leasehold estates), covenants, and rents. It also details the different types of reversions and remainders that can exist, whether they are vested or contingent, and are subject to the rule against perpetuities.
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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pg.

|Interest in Land|
||
||===========================================================||
||
||
|Non-Estates|
|Estates|
||
||
|Easements|
||====================||
|Profits|
|Freehold|
|Leasehold|
|Covenants|
||
||
|Rents|
||==========||
|Fixed Term|
|Fee|
|Life|
|Periodic|
||
|At Will|
||=================||
|Simple|
|Tail|
||
||=================||
|Absolute|
|Defeasible|
||
||==================||============================||
|Determinable|
|Subject to Condition Subsequent|
|Subject to Executory Interest|
|___________________________________________|
Grantor

|Executory Interest|

|_______________________|
3rd Party

|Life Estate|
||
||====================||
||
||
|Reversion|
|Remainder|
||
||=================================||
|| Ascertained &
Un-Ascertained or
//
|| no condition precedent
Subject to Condition
//
||
Precedent
//
|Vested|
//
||
|Contingent|
|Indefeasibly, Subject to Partial,|
| Subject to Open / Divestment |

|___________________________________________________________________________|
RAP

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