Overview of Estates in Land

Question 1

Overview of Estates in Land

Answer 1

• Estates in land are possessory interests in land. These interests may be possessory now (present estates), or they may become possessory in the future (future interests).
• They may be freeholds, which give possession under some legal title/right to hold (such as fees/life estates), or nonfreeholds, which give mere possession (such as leases).
• Whatever their characteristics, you should distinguish estates in land— possessory interests—from nonpossessory interests such as easements, profits, covenants, & servitudes, which are covered in your Multistate Real Property materials.