Property

Front 1

Types of Freehold Estates

Back 1

(1) Fee Simple;
(2) Defeasible fees);
(3) Fee tail (archaic);
(4) Life Estate;

Front 2

The Three Things You must know about each type of Freehold Estate

Back 2

(1) What Language creates?;
(2) What are the estates distinguishing Characteristics (Devisable, Decendable, Alienable)?; AND
(3) Which future interests, if any, is the estate capable of?

Front 3

FEE SIMPLE ABSOLUTE

Back 3

(1) Created by "To A" or "To A and his heirs" -- @CL needed "and his heirs";

(2) Absolute Ownership of potentially infinite duration, which is freely DECENDABLE, DEVISABLE, & ALIENABLE; AND

(3) NO Future Interest.

Front 4

Alienable

Back 4

Transferable inter vivos or during the holdeer's lifetime.

Front 5

Devisable

Back 5

It can pass by will.

Front 6

Decendable

Back 6

It will pass by the statutes of intestacy if its holder dies intestate (without a will).