![]() Since arriving, Ken has worked with a wide assortment of talented lawyers, paralegals, and law students to grow LegalMatch's Law Library into a comprehensive source of legal information, written in a way that is accessible to everyone. If the conditions or limitations are violated, then the property interest may either go back to the original owner or a specified third party. ![]() The interest in a life estate ends upon the measuring life’s death.Ī fee simple defeasible is one that may have conditions or limitations placed on the interest. Only Delaware, Massachusetts, Maine and Rhode Island recognize fee tails.Ī life estate is an interest in property measured by the duration of an individual’s life, usually the the person receiving the property. At any time the holder can sell all or any part of the property or will the property at his/her death.Ī fee tail is a conveyance of property meant to keep the property interest in the bloodline of the individual receiving the interest. The holder of a fee simple has both the present and future interest in the property. ![]() Although there are variations within the four types, Courts will not recognize the transfer if the language of the conveyance does not fit within one of the four categories. Traditionally, there are four recognized conveyances of real property.
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