How to Analyze Present Estates and Future Interests on Real Property Questions [PART 1/3] скачать в хорошем качестве

How to Analyze Present Estates and Future Interests on Real Property Questions [PART 1/3]

Law school and bar exam prep trusted by 100,000+ students: https://www.studicata.com 00:00 Introduction to Present Estates and Future Interests An overview of how property law questions often involve classifying ownership interests based on a conveyance. 02:03 Example: Life Estate and Vested Remainder Breaking down a sample conveyance (“to Amy for life, then to Bobby”) to identify Amy’s and Bobby’s property interests. 06:24 The Gateway Question: Present vs. Future Interest Explaining how possession determines whether an interest is present or future. 08:10 Freehold vs. Non-Freehold Present Estates Distinguishing ownership estates from leasehold estates and introducing the three main freehold types. 10:27 Fee Simple, Life Estate, and Fee Tail Defining each freehold estate type and how to recognize them in conveyances. 14:28 Absolute vs. Defeasible Estates Determining when conditions or limitations can prematurely terminate an estate. 17:35 Defeasible Estate Subcategories Explaining condition subsequent, determinable, and executory limitation, and how third parties affect classification. 22:14 Summary of Present Estates Analysis Reviewing how to classify present estates before moving into future interests. 23:17 Future Interests: Transferor vs. Transferee Identifying whether the future interest is held by the person conveying or receiving the property. 26:33 Memorizing Future Interests Held by the Transferor Linking present estate types to the corresponding transferor-held future interest (reversion, right of entry, possibility of reverter). 32:17 Future Interests Held by a Transferee Distinguishing remainders from executory interests based on what they follow and timing of possession. 38:12 Shifting vs. Springing Executory Interests Explaining how to determine whether an executory interest divests a transferee or the transferor. 43:35 Remainders: Contingent vs. Vested Introducing the two elements that make a remainder vested and examples of contingent remainders. 50:19 Living and Ascertainable Persons How to determine if the future interest holder meets this requirement, with examples involving children and heirs. 52:24 Condition Precedent vs. Condition Subsequent Clarifying timing differences and their impact on whether a remainder is contingent or vested. 60:04 Vested Remainder Subject to Divestment Explaining how conditions subsequent can terminate a vested interest after possession. 61:14 Vested Remainder Subject to Open How class size changes can partially reduce a vested interest. 63:12 Indefeasibly Vested Remainder Defining the most certain type of vested remainder with no conditions or class changes possible. 65:01 Conclusion and Next Steps Recapping all present estates and future interests, with a preview of exceptions and limitations to be covered in the next lesson. Thinking about using Studicata? You’re in good company. ✅ Trusted by 100,000+ law students and bar takers ✅ Featured and recommended by top law schools ✅ Named the 81st fastest-growing education company in the U.S. by Inc. See why so many future lawyers choose us to study smarter—not harder: 👉 https://www.studicata.com