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PPIchart

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Present Interest
Fee Simple
Absolute (FSA)
Fee Simple
Determinable
(FSD)
Fee Simple
Subject to
Condition
Subsequent
(FSSTCS)
Fee Simple
Subject to
Executory
Interest (FSSEI)
Fee Tail (FT)
Life Estate (LE)
Defeasible Life
Estate
Language
FI in Grantor
None
FI in Another
None
Notes
Ownership
VF
Possibility of
Reverter (P/R)
Executory
Interest (EI)
Operates
automatically
Conditional. “on
the condition
that…..” “to A
and her heirs,
but if….” “right
to re-enter and
retake poss.”
Same Language
as
Right or Entry
(R/E)
None
FI holder must
retake poss.
After condition
None
Executory
Interest (EI)
“To A and the
heirs of his
body…”
“for life…”
Reversion (Rev.)
Remainder
(Rem.)
Obsolete
Reversion (rev.)
Same language
as types of fee
simple
Rev, P/R, or R/E
Remainder
(Rem.)
Rem. Or EI
Measured by life
of LE owner
Life estates can
be
determinable,
subject to
conditions subs.,
or subject to EI.
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