PRESENT ESTATES SUBJECT TO FUTURE INTERESTS FLOWCHART
Present Estate: Life Estate:
Absolute or
Defeasible
Fee Simple:
Defeasible
Future Interest: Grantor Future
Interest
Third Party/Grantee
Future Interest
Fee Simple Determinable Fee Simple Subject to Condition Subsequent Fee Simple Subject
to Executory
Limitation
Possibilty of Reverter Right of Entry (Power of Termination) Executory Interest
Grantor Future
Interest
Third Party/Grantee
Future Interest
Reversion (implied
unless otherwise
stated)
Remainder
Contingent
= RAP Vested Subject to
Complete
Divestment
Vested
Indefeasibly Vested
Vested Subject to
Partial Divestment