Future Interests

Question 1

Held by grantor

Answer 1

Right of entry, possibility of reverter, and reversion

Question 2

Held by grantee

Answer 2

-Remainder: usually follows a life estate
~ remainder is vested when the remainderman is ascertained and it is certain to become possessory
~ contingent when the remainderman is UUU = unborn, unascertained, or if it is uncertain to vest due to a condition

• executory interest
  ~ shifting = when B divests a 3rd party of his interest
  ~ springing = when B divests O of his interest