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