Present & Future Interests: Part 1 (Property) - Listen & Learn

#lawschool #lawstudent #barexam #property #listenandlearn Welcome back! In this episode, we're diving into a topic from Property Law -- Present and Future Interests. In this first part of a two-part series, we discuss the default property interest, the fee simple absolute and defeasible fees, along with the corresponding future interests. Next time we'll cover life estates, reversions, and remainders. In this episode we discuss: The definition of present estates and future interests The fee simple absolute Types of defeasible fees Shifting and springing executory interests Examples illustrating the above concepts 0:00 L&L- Property - Present & Future Interests (Part I) 00:32 What are present estates and future interests? 01:03 What is a fee simple absolute? 01:49 Example of a fee simple absolute 03:33 What is a defeasible fee? 04:46 The three types of defeasible fees 05:33 What is a fee simple determinable? 07:56 What is a fee simple subject to condition subsequent? 09:48 What is a fee simple subject to an executory limitation? 12:03 What is an executory interest? 14:33 Let's apply these rules 17:51 Let's do a second hypo 20:33 Check out LawSchoolToolbox.com for more law school help! Thanks for watching! Want more help deciphering Property? Work with one of our law school tutors to achieve your best results in law school! Find out more at LawSchoolToolbox.com (https://lawschooltoolbox.com/tutoring.... Or get private bar exam tutoring at BarExamToolbox.com (https://barexamtoolbox.com/private-ba.... We're here to help! Lee & Alison