英美法律制度 Real Property.docVIP

Real Property (continued) Review Possessory interests free-hold fee simple fee tail life estate Leasehold tenancy for years periodic tenancy tenancy at will tenancy at sfferance Defeasible estate Determinable estate Estate subject to condition subsequent III. Future Interests Future interests give rights to the enjoyment of property at a future time. “to A for life, then to B and his heirs.” “to A for life” creates a life estate for A, while B, although can not possess the land right now, has a future interest. His future interest is not a mere expectancy,