Real Property

The largest possessory estate, of potentially infinite duration, freely transferable, devisable, and descendible, with no future interest in another.

Historically 'to A and his heirs.' Today, a conveyance 'to A' is presumed to pass the entire estate (fee simple absolute) absent contrary intent.

An estate that automatically terminates upon the happening of a stated event, leaving a possibility of reverter in the grantor.

Words of duration such as 'so long as,' 'while,' 'during,' or 'until.'

An estate that does not automatically end but may be cut short at the grantor's election upon a stated condition; the grantor retains a right of entry (power of termination).