5-Interests and Estates Snapshot Review

INTERESTS AND ESTATES IN LAND Interests                                   Any combination of the bundle of right Estates, encumbrances, police powers Estates in land Include right of possession; also called tenancies Leaseholds: of limited duration Freeholds: duration is not necessarily limited FREEHOLD ESTATES   Implies “ownership” in contrast to leasehold Fee simple estate  Also “fee”; the most common form of […]