Basic Future Interests: The Concept of "Future Interest" - Lesson 1

This lesson is part of a series of exercises covering Basic Future Interests. While the 10 lessons comprising this series can be worked in any sequence, the lessons do to some degree build on each other. Thus, it is suggested that students work them in order.
The 10 lessons are:

1. The Concept of "Future Interest"
2. The Defeasible Estates and Their Future Interests
3. Fee Simple Determinable (and Possibilities of Reverter)
4. Fee Simple on Condition Subsequent (and Rights of Re-entry)
5. Fee Simple On Executory Limitation (and Executory Interests)
6. Reversions
7. Remainders
8. Kinds of Vested and Contingent Remainders
9. Executory Interests
10. Identifying Remainders and Executory Interests

Students should complete the Basic Estate System lesson prior to working through this lesson and series.