Fee Simple Estates and Future Interests
Begin learning about estates in land with this overview of fee simple estates and their corresponding future interests, specifically the fee simple absolute, fee simple determinable, and fee simple subject to condition subsequent, as well as examples of each.
Welcome to our clip on fee simple estates and corresponding future interests!
We’ll begin this clip by talking briefly about what an “estate” in land is. Then, we’ll introduce you to some of the common characteristics of the “fee simple” estates. Next, we’ll talk about the three kinds of fee simple estates, namely: Fee simple absolute; fee simple subject to a condition subsequent; and fee simple determinable. Two of the three fee simple estates are “defeasible” ones that have...